On Thursday, Leifras Co. Ltd. (LFS.US) made its debut on the U.S. stock market, opening down 28% at $2.88. The company's IPO was priced at $3.50 per share.
Leifras Co. Ltd. is a Japanese company primarily engaged in sports education and social business operations and services. The company operates more than 4,500 facility locations across Japan, serving over 65,000 members nationwide.