On the first day of trading, #Honest shares jumped by 44%, closing at the level $23.
IPO attracted $413 million, the company's capitalization amounted to $2,1 billion.
Actress Jessica Alba co-founded the company in 2011. She served as chairman of the board of directors, but left it and is the creative director of Honest. Alba owns 5,65 million shares of the company, but did not sell them during the #IPO.
Shares are traded on the exchange Nasdaq under the ticker $ HNST
#HNST #Nasdaq #JessicaAlba
