Bluemount Holds Steady Above IPO as Volume Picks Up—BMHL in Focus
Bluemount Holdings Limited shares traded on Nasdaq pushed above the $4 IPO price on Tuesday, picking up as volume jumped during a wider U.S. market advance. The Hong Kong-based financial services and timepiece trading company finished at $4.38, gaining 2 cents, or 0.46%. Shares opened at $4.30 and moved between $4.18 and $4.40, according to market data. Trading volume jumped to around 18,000 shares, well over the 1,000 shares seen in the previous session on May 22.