ARTCU’s (NASDAQ:ARTCU – Get Free Report) quiet period will expire on Monday, February 16th. ARTCU had issued 22,000,000 shares in its IPO on January 6th. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During ARTCU’s quiet period, insiders and any underwriters involved in the IPO are prevented from issuing any research reports or earnings estimates for the company because of regulations issued by the Securities and Exchange Commission. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised ARTCU to a “hold” rating in a research note on Thursday, January 15th.
Read Our Latest Report on ARTCU
ARTCU Price Performance
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