Yimutian ADSs Decline in Nasdaq Debut

Dow Jones
Aug 20
 

By Josh Beckerman

 

American depositary shares of Yimutian, which operates an agricultural B2B platform in China, declined in their first day on Nasdaq.

The ADSs were recently at $2.70, with an intraday range of $1.90 to $6.05.

Yimutian's initial public offering of 5.01 million ADSs priced at $4.10 each.

The company said in a July 31 securities filing that it expected a price between $4.10 and $5 an ADS.

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

August 19, 2025 13:02 ET (17:02 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10