Insurtech company Bright Health Group began trading today on the New York Stock Exchange in a downsized initial public offering of 51.35 million shares priced at $18 per share.
The company originally planned to sell 60 million shares for between $20 and $23 per share. Instead, Bright Health will raise about $924.3 million with the updated offering, or $1.035 billion if the underwriters exercise...
