MEVOU’s Quiet Period Set To Expire on March 11th (NASDAQ:MEVOU)

MEVOU’s (NASDAQ:MEVOUGet Free Report) quiet period will end on Wednesday, March 11th. MEVOU had issued 27,000,000 shares in its initial public offering on January 30th. The total size of the offering was $270,000,000 based on an initial share price of $10.00. During MEVOU’s quiet period, insiders and underwriters involved in the IPO are prevented from issuing any earnings forecasts or research reports 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.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded shares of MEVOU to a “hold” rating in a research report on Tuesday, February 10th.

Get Our Latest Analysis on MEVOU

MEVOU Stock Performance

MEVOU stock opened at $10.02 on Friday. MEVOU has a one year low of $10.01 and a one year high of $10.11.

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