PTORU’s (NASDAQ:PTORU – Get Free Report) quiet period will end 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 underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates for the company because of SEC regulations. Following the expiration of the company’s quiet period, the brokerages that served as underwriters will likely initiate research coverage on the company.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded PTORU to a “hold” rating in a research report on Tuesday, February 3rd.
Check Out Our Latest Analysis on PTORU
PTORU Trading Up 0.1%
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