Hinge Health IPO: Another Down-Round Debut in the New Reality of Public Markets

Hinge Health officially went public on May 22, 2025, when it completed its initial public offering on the New York Stock Exchange. The digital physical therapy company closed its first day of trading at $37.56, up about 17% over the $32 IPO price it set the previous day. Even with the pop, Hinge’s public valuation […]