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Tile Bluetooth Tracker Owner Life360’s (LIFX) Stock Falls After US IPO

The shares of Life360 Inc., the owner of Bluetooth tracking device brand Tile, struggled to hold onto the offer price after the company and some of its shareholders raised $155.3 million in a US initial public offering.The shares opened at $26 each on Thursday, 3.7% below the $27 per share offering price, but have since edged higher. They were trading at $26.78 each as of 3:10 p.m. in New York....

Read more at bloomberg.com

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