Is GoodRx the Hottest Healthcare IPO to Buy Now?
On the first day of trading, shares of digital drug coupon company GoodRx (NASDAQ: GDRX) are up more than 50% from its initial public offering (IPO) price of $33. GoodRx is a free-to-use service that allows Americans to find the lowest-cost prescription drugs in their area. The company makes money by receiving a commission for every prescription order filled via its coupons, which are accepted by nearly all 70,000 pharmacies across the country.