Omada Health Pops 21% in Nasdaq Debut, Hits $1B+ Valuation

Omada Health Soars 21% on Nasdaq Debut, Opening at $23 Following $19 IPO Pricing. The virtual chronic care startup raised $150M by selling 7.9M shares, now trading under “OMDA.” With revenue up 57% YoY, Omada joins a small wave of healthtech IPOs, following Hinge Health. Backed by a16z and Fidelity, the company is now valued over $1B.

Read more on: CNBC

Nasdaq Plummets Over 3% as Tariff War Sparks Recession Fears

The Nasdaq dropped over 3%, hitting a six-month low, amid concerns of an economic slowdown from escalating tariff wars. The S&P 500 is nearing a critical support level, while volatility surged. Tech stocks like Nvidia, Microsoft, and Tesla saw significant losses. Investors are worried about potential recession risks due to shifting trade policies and uncertainties around tariffs.

Read more on Reuters

X