Drone Stock Becomes Hottest IPO As Shares Soar Nearly 1,000%

Swarmer (SWMR), a company that makes software for military drones, has become the hottest IPO stock so far this year. The company went public Tuesday at an IPO price of $5 per share. It closed at 31 in its first day of trading and jumped as high as 65.04 Wednesday. With shares trading around 53 Thursday, the new issue is… Take a Trial Today Get instant access to exclusive stock lists, expert market analysis and powerful tools with 2 months of IBD Digital for only $20! IBD Videos Get market updates, educational videos, webinars, and stock analysis.

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