MEVOU’s (NASDAQ:MEVOU – Get Free Report) quiet period will end on Wednesday, March 11th. MEVOU had issued 27,000,000 shares in its IPO 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 any underwriters involved in the IPO are restricted from issuing any research reports or earnings estimates 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.
Wall Street Analyst Weigh In
Separately, Wall Street Zen raised MEVOU to a “hold” rating in a report on Tuesday, February 10th.
Check Out Our Latest Analysis on MEVOU
MEVOU Stock Down 0.1%
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