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EDR made its public debut in late April of this year and is up 24% from its pre-IPO price of $24. The company was able to raise $511 million from public markets and another $1.8 billion in private placements with institutional investors.
Currently, EDR has a market valuation of $25.43 billion. Although there are some risky elements, I believe that investors should have a bullish stance on the stock and look to accumulate on any weakness.
