Three of the four stocks that are due to start trading Wednesday after pricing their initial public offerings took off to a strong start. Four Seasons Education (Cayman), a Chinese tutoring company with an emphasis on math, jumped more than 2% in the opening minutes of trade. The company sold 10.1 million shares at $10 to raise $101 million. The shares are trading on the NYSE under the ticker symbol “FEDU.” Shares of Texan regional bank CBTX Inc. shares surged 6.9% in early trade. The bank priced its IPO at $26, the high end of its $24 to $26 range. Shares are trading on Nasdaq under the ticker symbol “CBTX.” Manhattan bank Metropolitan Bank Holding Corp. rose 9% in early trade. The company priced its IPO at $35, above its $31 to $34 range. Shares are trading on the NYSE under the symbol “MCB”. German biotech InflaRx N.V. had not yet started trading. That company priced its IPO at $15, the midpoint of its $14 to $16 range. The S&P 500 was down 0.2% Wednesday.
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