NASDAQ — Swarmer, a Ukrainian defense-technology company that makes software that allows groups of drones to coordinate their actions, listed on the Nasdaq earlier this week.
The initial public offering price was $5 per share.
The stock increased by 1,100% over two days since the IPO.
The stock was up 520% from its $5 initial-public-offering price as of Tuesday.
The stock was up 100% in Wednesday morning trading.
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