Ming Shing Group shares surge 11.02% intraday following successful $8.25M IPO closing on November 25.

Ming Shing Group surged 11.02% intraday following the announcement of the successful closing of its $8.25 million initial public offering on November 25, 2024. The IPO, which raised capital through 1.5 million shares priced at $5.50 each, marked the company’s debut on the NASDAQ and likely attracted investor enthusiasm for its newly public status. The stock’s intraday rally aligns with broader market optimism around the firm’s liquidity and growth prospects post-IPO.