Hurray! It's Another New Space IPO! (But Should You Buy It?
One of the biggest players in President Donald Trump's Golden Dome missile defense system just went public.York Space Systems (YSS 9.24%) had its initial public offering (IPO) on the NYSE last week.Pre-IPO, York planned to offer 16 million shares at a price ranging from $30 to $34 per share. Strong demand resulted in 18.5 million shares actually being sold, and the stock ultimately priced at the top of this range -- $34. When trading began on Thursday, York stock opened even higher, trading first at $38.10 ...