Market debut IPO: HealthCo Healthcare and Wellness REIT (HCW)

HealthCo Healthcare and Wellness REIT (ASX:HCW) has debuted on the Australian stock exchange today.

Following its debut, shares of HealthCo Healthcare and Wellness REIT rose 14% to $2.28/share.

An increase in listing price is a vote of confidence from the market about the future prospects of the company.

A decrease in the listing price can be interpreted in a number of ways, including whether the IPO was accurately priced.