MobiHealth News July 18, 2019
The digital health mainstay closed its first day of trading roughly 40% above its set price, and looks forward to expanding its business as a public entity.
It’s been an exceptional Thursday for Chaim Indig, CEO and cofounder of 14-year-old digital health stalwart Phreesia. Since ringing the New York Stock Exchange’s opening bell at 9:30 a.m. sharp, he’s watched his company’s shares fly back and forth in the general range of $24 to $27 per share — about 40% to 50% above the initial $18 asking price.
“All of us were up there [on stage with the bell]. It was a special moment, one I will remember for the rest of my life,” Indig told MobiHealthNews this afternoon. “It...
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