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AssetMark’s Stock Price is Steady After Strong IPO

Sunday, Aug 18 2019

News Roundup

Written by PFA News

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AssetMark’s Stock Price is Steady After Strong IPO

AssetMark’s stock price popped approximately 22% to $25.45 after the TAMP went public in mid-July and its price has been trading in a range of $23.63 to $28.62. So reports RIABiz.

Huatai Securities in the People’s Republic of China purchased the company three years ago for $780 million and the IPO values the company’s market capitalization at more than $1.6 billion.

Read the full article from RIABiz.

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