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Israeli video tech provider Beamr shares slide 11% following $8M IPO

Feb. 28, 2023 12:14 PM ETBeamr Imaging Ltd. (BMR) StockENLTBy: Val Brickates Kennedy, SA News Editor

Initial public offering hologram, night panoramic city view of Bangkok. The financial center for multinational corporations in Asia. The concept of boosting the growth by IPO process. Double exposure.

2d illustrations and photos/iStock via Getty Images

Beamr Imaging (NASDAQ:BMR), an Israeli provider of video technology, saw its shares slide 11% midday following an $8M US initial public offering.

Shares of Beamr opened at $3.94 after being priced at $4, quickly reaching

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