Quick look at a 2024 IPO that’s been essentially flat since hitting the public markets.
Concentra Group Holdings Parent, Inc. (CON) is a leading provider of occupational health services in the United States. The company offers a range of services, including workers' compensation injury care, urgent care, clinical testing, preventive care, and wellness programs. These services are delivered through a network of occupational health centers and onsite clinics.
Interesting setup into earnings on March 3rd. Above the AVWAP from IPO of $22, and back above the gap up range from January 23rd. A measured move to the upside would coincide pretty closely with the 1.618 fib level drawn above as well.