Wealthfront’s stock stumbled out of the gate, in a bit of bad timing for the IPO
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Wealthfront’s stock stumbled out of the gate, in a bit of bad timing for the IPOListen(4 min)Listen(4 min)Wealthfront picked a tough day to kick off its life on Wall Street.Early indications showed strong investor demand for Wealthfront’s WLTH initial public offering. The provider of “robo-adviser” services, or automated investment portfolios, which bills itself as a wealth-accumulation platform for digital natives said late Thursday that its IPO of 34.62 million shares had priced at $14 a share, which was at the top of the expected range of between $12 and $14 a share.About the AuthorTomi Kilgore is MarketWatch's Managing Editor, Companies, and is based in New York. You can follow him on Twitter @TomiKilgore.Copyright © 2025 MarketWatch, Inc. All rights reserved.