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Here's How PHOENIX MOTOR INC Has Performed Since Its IPO

PHOENIX MOTOR INC (NASDAQ:PEV) opened up its shares for public trading for the first time since it filed for IPO in November 2021. The company agreed to initially offer 2.10 million shares to the public at a $7.50 per share. On its first day of trading, the stock decreased 37.54% from its opening price of $6.5 to its closing price of $4.06.

PHOENIX MOTOR INC Performance On First Day of Trading

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