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Drone Maker Airo’s Shares Rise Up to 291% After Upsized IPO

BloombergFriday, June 13, 2025 at 7:46:41 PM
Drone Maker Airo’s Shares Rise Up to 291% After Upsized IPO
Airo Group Holdings, a drone manufacturer, saw its stock skyrocket by as much as 291% on its first day of public trading after pulling off a bigger-than-expected IPO, raising $60 million. It’s the third company this month to more than double in value right out of the gate—clearly, investors are buzzing.
Editor’s Note: This isn’t just a win for Airo—it’s a sign that the market’s appetite for high-growth tech, especially in niches like drones, is still strong. When companies more than triple on their debut, it suggests investors are chasing bold bets, even in uncertain times. Could this spark more drone or tech IPOs? Worth watching.
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