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Actelis (ASNS) inventory fell for the second day within the wake of its $15M preliminary public providing final Friday, with shares buying and selling 43% beneath their IPO worth.
Shares of the IoT connectivity supplier opened at $2.29, dipping to a session low of $1.96 earlier than shifting increased. The inventory lately modified arms at $2, down 17%, at roughly 3:00 p.m.
Actelis shares made their market debut on Friday, dropping 40% of their first session to shut at $2.40. The corporate had supplied 3.75M shares priced at $4 per share, elevating roughly $15M.
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