Amagi Media Labs shares rise 13% following discount listing
**Amagi Media Labs: Sharp Recovery After Discounted Debut**
Amagi Media Labs shares experienced a volatile listing day, initially opening at a **double-digit discount** to the issue price. The weak start aligned with earlier grey market projections, reflecting a cautious opening sentiment.
However, the stock staged a significant intraday reversal. Buying momentum pushed prices up nearly **13%** from opening levels, effectively countering the initial losses.
This recovery underscores resilient investor confidence in the company’s connected TV and ad-tech narratives. The turnaround was largely supported by the robust demand seen from institutional and non-institutional investors during the IPO subscription phase.