SALT LAKE CITY — Utah health-tech leader Health Catalyst jumped into the public markets Thursday and its freshly minted stock climbed over 50 percent by the end of regular trading.
The company raised $182 million via the sale of 7 million shares at pre-market pricing of $26 per share. The successful launch comes just six months after a $100 million funding round in February that pushed the company’s valuation above the vaunted $1 billion, or “unicorn” benchmark.
CLICK HERE To continue reading the full article at deseret.com.