PTORU’s (NASDAQ:PTORU – Get Free Report) quiet period will expire on Wednesday, March 4th. PTORU had issued 22,000,000 shares in its IPO on January 23rd. The total size of the offering was $220,000,000 based on an initial share price of $10.00. During PTORU’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 SEC regulations. Following the expiration 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 Analysts Forecast Growth
Separately, Wall Street Zen raised shares of PTORU to a “hold” rating in a research note on Tuesday, February 3rd.
Read Our Latest Stock Report on PTORU
PTORU Stock Performance
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