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Hinge Health opens at $39.25 per share after pricing IPO at top end of range

1. Hinge Health's IPO raised $273 million, opening at $39.25. 2. The stock rose 23% from its $32 IPO price on debut. 3. Hinge aims to automate care delivery, attracting investor interest. 4. The digital health IPO market has been largely inactive since late 2021. 5. Hinge's valuation decreased from $6.2 billion to $2.6 billion recently.

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FAQ

Why Bullish?

The significant IPO gain indicates strong market interest. Historical IPOs with similar investor enthusiasm often see continued price support.

How important is it?

Hinge Health's IPO performance influences investor sentiment for digital health sector stocks. Increased visibility could lead to higher investor engagement.

Why Short Term?

Immediate investor interest will likely sustain short-term momentum. Long-term stability will depend on performance metrics and market conditions.

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