Sixth Street-backed Caris Life valued at $7.66 billion in strong Nasdaq debut

Reuters

2025/06/19

June 18 (Reuters) - Caris Life Sciences' CAI.O shares jumped nearly 28.6% in their New York debut on Wednesday, fetching the cancer diagnostic firm a valuation of $7.66 billion and signaling a growing investor appetite for new listings in 2025.

(Reporting by Pritam Biswas in Bengaluru; Editing by Shinjini Ganguli)

((Pritam.Biswas@thomsonreuters.com;))

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