EquipmentShare.com shares surge 20.12% intraday after Nasdaq debut opens 16% above $24.50 IPO price.

EquipmentShare.com surged 20.12% intraday following its Nasdaq debut, driven by a successful $747.3 million IPO and robust market demand. The stock opened at $28.50, 16% above its $24.50 IPO price, reflecting investor enthusiasm for the construction technology company’s prospects. Multiple news reports highlighted the strong opening, with shares trading up to 19% above the IPO price during initial trading. The substantial fundraising and elevated pricing signal confidence in EquipmentShare.com’s business model, fueling intraday gains as the stock capitalized on its market introduction.