Stock market anomaly | Off the Hook YS (OTH.US) enters the US stock market, opening down more than 12%

According to the Securities Times APP, on Thursday, Off the Hook YS (OTH.US) debuted on the US stock market, with an opening price falling more than 12% to $3.5, below its IPO price of $4. Off the Hook YS is a wholesale company specializing in the buying and selling of yachts and boats, offering services such as sales of new and used boats, financing, maintenance, asset recovery, and more.