US Stock Market Move | Amass Brands (AMSS.US) debuts on the US stock market, opening with over a 20% decrease.

On Wednesday, Amass Brands (AMSS.US) debuted on the US stock market, with the opening price dropping over 20% to $13.55. The IPO price was $17. Amass Brands is a US-based high-end beverage brand platform company, mainly operating in the "new consumer beverage" business such as wine, spirits, and non-alcoholic beverages. The company was founded in 2016, headquartered in Santa Maria, California, and owns multiple brands including Summer Water Ros, AMASS Botanical Spirits, Good Twin, covering the low-alcohol, non-alcoholic, and functional beverage markets.