Mynaric, a German company that makes lasers for aerospace applications, completed a $66 million initial public offering, selling American depositary shares at $16 each, below the expected $17.48 pricing level.
Mynaric ADRs will commence trading on the Nasdaq later today, but shares are available for limit orders on Robinhood and other platforms.
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Over the last 12 months, Mynaric's shares have ranged in value from as little as $3.01 up to $7.6. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Mynaric's is 1.246. This would suggest that Mynaric's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Historical closes compared with the last close of $5.7899
| 1 week (2024-04-18) | 3.85% |
|---|---|
| 1 month (2024-03-27) | 20.75% |
| 3 months (2024-01-25) | 3.58% |
| 6 months (2023-10-26) | 59.06% |
| 1 year (2023-04-27) | -3.50% |
| 2 years (2022-04-27) | -48.17% |
| 3 years (2021-04-21) | N/A |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
A deep dive into the highlights and limitations of NinjaTrader.
Explore the best bonuses for opening a new brokerage account.
We analyzed a number of bitcoin ETFs to determine which are best to invest in.
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
Check out our picks of the best robo-advisors for new and experienced investors alike.
Check out our picks of the best trading apps for beginners, options traders, hands-off investors and more.
Check out our picks of the best brokerage accounts for beginners, micro-investing, crypto trading and more.
What you need to know about investing in the leading indicator for the overall US stock market.
A deep dive into the highlights and limitations of Robinhood.