These 10 Stocks Soared by Double Digits Today!

8. Hinge Health, Inc. (NYSE:HNGE)

Hinge Health soared by 17.38 percent on its first day as a publicly-listed company, a reflection of strong investor confidence.

During the intra-day trading, Hinge Health, Inc. (NYSE:HNGE) opened at $39.25, reached as high as $40.26 or a 25.8-percent upside from its initial public offering (IPO) price of $32, before traders took early profits to pull its stock price slightly lower towards the end.

Following the IPO,  Hinge Health, Inc. (NYSE:HNGE) successfully raised $273 million from the sale of 8.52 million shares out of the aggregate 13 million shares.

According to the company, proceeds from the offer will be used to satisfy tax withholding and remittance obligations related to the net issuance of its Class A and B common shares, in connection with the vesting and settlement of certain restricted stock units and performance-based restricted stock units.

Founded in 2014, Hinge Health, Inc. (NYSE:HNGE) is a digital physical therapy startup based in San Francisco, California, which aims to help patients treat acute musculoskeletal injuries, chronic pain, and carry out post-surgery rehabilitation from anywhere.