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Kardigan rises in Nasdaq debut after upsized $400 million IPO

By Reuters Reuters
FILE PHOTO: The Nasdaq logo is displayed on a screen at the Nasdaq Market site in New York City, U.S., April 17, 2026. REUTERS/Brendan McDermid//File Photo
FILE PHOTO: The Nasdaq logo is displayed on a screen at the Nasdaq Market site in New York City, U.S., April 17, 2026. REUTERS/Brendan McDermid//File Photo Brendan McDermid Reuters

Kardigan's shares rose 1.6% in their Nasdaq debut on Thursday, after the heart drug developer raised $400 million in an upsized U.S. initial public offering.

(Reporting by Aditi Tiwari and Prakhar Srivastava in Bengaluru; Editing by Shailesh Kuber)

Copyright Reuters or USA Today Network via Reuters Connect

This story was originally published June 18, 2026 at 12:48 PM.

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