Jun 14, 06:50 PM

Tempus AI ($TEM) Goes Public on Nasdaq, Stock Rises 15%, Closes Up 9%

Tempus AI, a healthcare technology company, made its debut on the Nasdaq stock exchange under the ticker symbol $TEM. The company, which is backed by Google and Revolution Growth, opened trading at $40 per share, up from its initial pricing of $37, and saw its stock price rise to over $42. Tempus AI's IPO is expected to raise about $400 million. The company, founded by Eric Lefkofsky, focuses on data-driven precision medicine and has deployed 60 AI algorithms clinically. By the end of its first trading day, Tempus AI's stock closed up 9%, after rising by as much as 15% during its Nasdaq stock market debut.

#Tempus AI #Nasdaq #Google #Revolution Growth #Eric Lefkofsky

Written with ChatGPT (GPT-4o).