Our top pick for
Beginners
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy LumiraDx Limited (LMDX) stock when it goes public
Here's everything we know so far about the LumiraDx Limited IPO.
LumiraDx Limited stock is not yet available to purchase on any exchange. But it's expected to go public soon. Here's what we know — and how to buy in when it launches.
What we know about the LumiraDx Limited IPO
LumiraDx Limited filed a draft registration with the US Securities and Exchange Commission under the ticker symbol LMDX. Not yet an official IPO, it's one of the first steps of taking a private company public.
There's no news yet about how much the stock will cost when it goes public. No date has been set for when the stock will be publicly available. The shares will be available on the Nasdaq Global Market.
How to buy shares in LumiraDx Limited when it goes public
Once LumiraDx Limited goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for LumiraDx Limited. Find the stock by name or ticker symbol: LMDX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy immediately with a market order or use a limit order to delay your purchase until LumiraDx Limited reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of LumiraDx Limited, depending on your broker.
- Check in on your investment. Congratulations, you own a part of LumiraDx Limited. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
Our top pick for
Building a portfolio
Our top pick for
Advanced traders
How do similar companies perform?
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like LumiraDx Limited can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
Compare trading platforms
Compare special offers, low fees and a wide range of types of investments among top trading platforms.*Signup bonus information updated weekly.
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
More guides on Finder
-
Vanguard competitors
If you’re looking for a broker comparable to Vanguard, check out these five contenders.
-
5 key TD Ameritrade competitors
Thinking of switching from TD Ameritrade? Here are 5 apps like TD Ameritrade that offer valuable benefits.
-
5 best overwater bungalows in Thailand
Our picks of the best overwater stays in the Land of Smiles from budget-friendly to luxurious.
-
How to buy Reserve Rights Token (RSR)
This guide will show you step-by-step instructions on how to buy the Reserve Rights (RSR) token as well as a list of exchanges you can trade it on.
-
How to buy Curve DAO Token (CRV)
This guide will show you step-by-step instructions on how to buy the Curve (CRV) token as well as a list of exchanges you can trade it on.
-
Apps like Acorns
Acorns alternatives offer lower fees and more investment options. Learn more.
-
These are the comfiest sweats I’ve worn — and they’re from a sustainable children’s brand
Hanna Andersson’s Organic Cotton Long John is comfortable and available in family sizes. Here’s what I thought of the fit, and details on sustainability.
-
Where to buy protective masks for wildfire smoke
Find in-stock face masks for wildires, smoke and dust, see our top picks and read tips for using respirator smoke masks.
-
Bitcoin price recovers but the bloodbath may not be over
The Chairman of Dubai’s IBC Group has pledged a whopping $4.8 billion into Bitcoin, as Microstrategy purchases another $1 billion of BTC.
-
How to buy Maker (MKR)
This guide will show you step-by-step instructions on how to buy the Maker (MKR) token as well as a list of exchanges you can trade it on.
Ask an Expert