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A Quick Look at NerdWallet’s Impressive IPO ($NRDS)

November 5, 2021

A Quick Look at NerdWallet’s Impressive IPO ($NRDS)

NerdWallet ($NRDS) had an incredibly successful NASDAQ debut yesterday – Shares opened +25% above their initial list price ($18), proceeded to surge to a new ATH near $35, and eventually ended the day up ~ +55%. And what is NerdWallet? A digital aggregator of financial advice whose primary function is to connect consumers with businesses in the financial service industry.
NerdWallet’s Usage Mentions, consumer mentions indicating engagement with the financial advice platform, have shown strength in recent months, trending +42% QoQ and +59% YoY.

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LikeFolio analyzes social media data to accurately predict shifts in consumer behavior. We sell data and insights to professional investors, corporate research teams, and software providers.

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