US Stock Market Move | Financial technology company Advasa Holdings (ADBT.US) has debuted on the US stock market, falling over 64% after opening.
As of the time of publication, the stock has dropped over 64%, trading at $4.265.
On Tuesday, Advasa Holdings (ADBT.US) debuted on the U.S. stock market, and as of the time of this writing, the stock has dropped over 64%, trading at $4.265. The IPO price was $12. Advasa Holdings is a fintech company specializing in salary advance services. Its FUKUPE platform allows employees to access earned wages before the official payday and can connect with existing human resources and payroll systems of companies. Currently, the business is primarily focused on Japan, with plans to expand into overseas markets such as Indonesia and the UAE.
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