Heart Health Biotech Kardigan Up 38% After $400 Million IPO

Jie "James" Zheng, chief executive officer of Amer Sports Inc., left, and Andrew Page, chief financial officer of Amer Sports Inc., right, ring a ceremonial bell during the company's initial public offering (IPO) on the floor of the New York Stock Exchange (NYSE) in New York, US, on Thursday, Feb. 1, 2024. Amer Sports raised about $1.37 billion in a US initial public offering priced below a marketed range in the second major IPO in a week to miss its target. Photographer: Michael Nagle/Bloomberg