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Stock impact report

Lumexa Imaging shares rise in market debut [Yahoo! Finance]

Lumexa Imaging Holdings, Inc. (LMRI) 
Company Research Source: Yahoo! Finance
The company's stock opened at $18.65 per share in New York trading, above its IPO price of $18.50, which was set at the mid-point of its marketed range of $17 to $20 per share. Lumexa sold 25 million shares in the offering. [[ pro_promotion | Don't miss IPOs and other fast-moving market developments. InvestingPro gives you live headlines, analyst notes, and data as it happens get 55% off today ]] The market debut gives the Raleigh, North Carolina-based firm a market value of $1.76 billion, based on outstanding shares listed in its regulatory filings. Lumexa, which was established in 2018 as US Radiology Specialists, manages a chain of diagnostic imaging providers. The company is backed by private equity firm Welsh Carson Anderson & Stowe. As of September 30, Lumexa operated 184 diagnostic imaging centers across 13 states. The company's network includes subsidiaries and variable interest entities such as Windsong Radiology Group and Charlotte Radiology. Advanced imaging proc Show less Read more
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