The Glenmark Company’s IPO is a success story, says analyst
With the stock soaring to $24.60 on Monday, the stock has jumped about 40% in less than a week, and it has risen from a low of $18.55 on Wednesday.Glenmark shares rose about 1.7% at $24,100, with a $20 dividend and a 5% annual growth rate.Shares of Glenmarke have climbed about 4% since the start…