IPO Recap | Personal finance firm NerdWallet soared 91% in market debut

On the last trading day, theNASDAQ Composite index rose 0.81%, while the S&P 500 index climbed 0.42%, and the Dow Jones Industrial Average dropped 0.09%.

On Thursday, there was one traditional IPO filed and four new stocks officially listed for trading. Personal finance website NerdWallet's stock price pops 57% on its first of trading, giving it a market value of $1.83 billion.

HashiCorp, founded in 2012, provides cloud infrastructure and data center management solutions.

Its foundational technologies solve the core infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds..

HashiCorp's products are used by companies of all sizes and industries, and have been downloaded approximately 100 million times during the fiscal year ended January 31, 2021. As of July 31, 2021, the company had over 1,400 providers and integrations and more than 700 partners, including over 170 ISVs.

Consumer finance platform NerdWallet, founded in 2009, provides a personal finance app that promotes financial products.

It delivers guidance to consumers through educational content, tools and calculators, product marketplaces and the NerdWallet app.

The platform delivers unique value across many financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing and student loans, and has grown to include the UK and Canada.

In 2020, NerdWallet entered the international market with the acquisition of UK-based online financial guidance provider Know Your Money. It also bought New York City-based Fundera, a marketplace for small businesses looking for loans, the same year.

Volcon, founded in 2020, isan all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles (UTVs), also known as side-by-sides, along with a complete line of upgrades and accessories.

In October 2020, it began building and testing prototypes with two off-road motorcycles – the Grunt and the Runt. The company is currently taking orders on its website and expect to begin delivering the Grunt in the third quarter of 2021 and the Runt in the first quarter of 2022.

It went public in October 5th, 2021 and surged97.45% in its market debut. As if November 4rd, it has a market cap of $0.17 billion, with a listed-to-date return of 170.55%.