Omada’s shares rise 42% in their first day on Nasdaq following the company’s IPO.

Omada Health, a virtual chronic care firm, launched its IPO with a share price of $19, which quickly surged over 40% upon its debut on Nasdaq. The shares opened at $23 and traded above $27 shortly afterward. In a press release issued late Thursday, the company announced it sold 7.9 million shares through the offering, […]