US stocks today: Paine Schwartz-backed Suja Life's shares fall 14% in Nasdaq debut
By TodayTelugu Desk1 min read2 views
Suja Life, an organic juice maker, saw its shares drop 14.3 percent on its Nasdaq debut. The company's valuation settled at $695.3 million. This IPO marks a revival in the consumer space. Investors are selective with capital allocation. Suja Life offers cold-pressed juices and functional sodas. PepsiCo's acquisition of Poppi highlights big players' interest in healthy drinks.
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