NYSE Content Update: Forgent Power Solutions, Post IPO, to Ring Opening Bell
Forgent Power Solutions (NYSE: FPS) marked its early February IPO by ringing the NYSE Opening Bell on February 12, 2026, after shares rose 22% since trading began.
Rhea-AI Summary
Forgent Power Solutions (NYSE: FPS) marked its early February IPO by ringing the NYSE Opening Bell on February 12, 2026, after shares rose 22% since trading began. The NYSE pre-market update noted broader market moves after a 130,000 jobs print from the Bureau of Labor Statistics.
The NYSE also highlighted Veradermics (NYSE: MANE) and announced a new NYSE Texas Advisory Board to support listings and trading in the Southwestern U.S.
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Details
News Market Reaction – FPS
In the Feb 12 session, FPS declined 3.94%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Current price
- $33.03
- Pre-news market context for FPS
- Daily move
- 6.72%
- Price change over the last 24 hours before this news
- Post-IPO gain
- 22%
- FPS share increase since trading began after IPO
- Jobs added
- 130,000
- U.S. jobs added per Bureau of Labor Statistics report
- IPO price
- $27.00
- FPS initial public offering price per share
- Initial IPO shares
- 56,000,000
- Class A common stock sold in IPO before over-allotment
- Over-allotment shares
- 8,400,000
- Additional shares sold via underwriters’ over-allotment option
- Total offering shares
- 64,400,000
- Total shares from IPO including exercised over-allotment
Historical Context
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Underwriters fully exercised IPO over-allotment option for additional primary shares.
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Initial public offering closed and shares began trading at $27.00 per share.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
IPO financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
NYSE issues a pre-market daily advisory direct from the trading floor.
NEW YORK, Feb. 12, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.
Ashley Mastronardi delivers the pre-market update on February 12th
- Markets are higher after mixed reactions to yesterday's hotter than expected Jobs Report as the Bureau of Labor Statistics reported that the U.S. economy added 130,000 jobs.
- Forgent Power Solutions (NYSE: FPS) is celebrating its early February IPO this morning with shares having jumped
22% since trading began. - Veradermics (NYSE: MANE) CEO Dr. Reid Waldman will join NYSE Live to discuss company shares popping more than
150% since pricing its IPO last week. - The NYSE announced the launch of the NYSE Texas Advisory Board, developed to support its mission of offering public companies a listing and trading venue centered within the Southwestern U.S.
Opening Bell
Forgent Power Solutions (NYSE: FPS) celebrates its recent IPO
Closing Bell
Veradermics (NYSE: MANE) celebrates its recent IPO
For market insights, IPO activity, and today's opening bell, download the NYSE TV App: TV.NYSE.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/nyse-content-update-forgent-power-solutions-post-ipo-to-ring-opening-bell-302686478.html
SOURCE New York Stock Exchange
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.