Defense-Tech Firm Lyntris Shares Plunge 11% After Downsized IPO

Markets Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Arvelisse Bonilla Ramos August 19, 2026 at 3:35 PM UTC Lyntris Inc. shares fell 11% in its trading debut, after the company and some of its shareholders raised $297.5 million in a downsized initial public offering. The sensor-technology company opened at $15.50 each on Wednesday, below its IPO price of $17.50 per share. Lyntris and a group of its backers sold 17 million shares after marketing them for $19 to $22 each.