Military drone manufacturer Aevex Corp. saw its stock price double within two days of its New York Stock Exchange debut. The company's rapid ascent reflects strong investor appetite for defense technology firms.
- IPO price set at $20 per share
- Shares peaked at $40.25 on Monday
- Stock value doubled within two trading sessions
- Company is backed by Madison Dearborn Partners
- Debut occurred on the NYSE on April 17
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