(Reuters) -Virtual chronic care provider Omada Health said on Thursday it had raised $150 million in its U.S. initial public offering, another sign of recovering investor appetite for new stocks.

Although U.S. President Donald Trump’s shifting tariff policies have weighed on markets, companies in resilient and even high-risk sectors, such as crypto firm Circle, are testing investor appetite with new listings.

The company sold 7.9 million shares in the IPO priced at $19 each, in the middle of its marketed range of $18 to $20.

Omada shares are set to begin trading on the Nasdaq under the symbol “OMDA” on Friday.

The success of recent listings could encourage more companies to tap the IPO market, especially as investor confidence slowly rebuilds after a prolonged slowdown.

Founded in 201

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