Abnormal movement in U.S. stocks | American public transportation service platform Via Transportation (VIA.US) debuts on Nasdaq with minimal fluctuations in opening stock price

According to the Wise Finance APP, the American public transportation service platform Via Transportation (VIA.US) has landed on the US stock market, opening slightly down 0.5% at $45.75. The IPO price was $46. Via was founded in 2012 and its technology combines on-demand ride-sharing and intelligent routing to optimize public transportation systems in hundreds of cities in more than 30 countries. Currently, Via Transportation serves 689 clients in over 30 countries. The North American market accounts for approximately 70% of revenue, while the European market accounts for approximately 30%. The clients are mainly government agencies (accounting for over 90% of revenue), including public transportation services in Sarasota, Florida, and Raleigh, North Carolina. The company believes its market penetration rate is only about 1%, while the estimated addressable market size is 545 billion US dollars. Data shows that the company's revenue for the 12 months ending on June 30, 2025, was 381 million US dollars.