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Hinge Health IPO Surges 23%, Valued Over $3 Billion

5/23/2025

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Summary

Story summary

Hinge Health went public on the NYSE on May 22, 2025, raising $437 million at $32 per share.
The stock surged to $39.25 at opening, a 23% increase, and closed at $37.56, valuing the company over $3 billion.
Established in 2014, Hinge Health specializes in virtual care for musculoskeletal conditions through software and AI.
This IPO is pivotal for the digital health sector, which has experienced limited activity since 2021.
Hinge's current valuation is down from its $6.2 billion peak in 2021.

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Story summary

Hinge Health went public on the NYSE on May 22, 2025, raising $437 million at $32 per share.
The stock surged to $39.25 at opening, a 23% increase, and closed at $37.56, valuing the company over $3 billion.
Established in 2014, Hinge Health specializes in virtual care for musculoskeletal conditions through software and AI.
This IPO is pivotal for the digital health sector, which has experienced limited activity since 2021.
Hinge's current valuation is down from its $6.2 billion peak in 2021.