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The Nexus
BUSINESSMay 18 · 10:54 UTCBLOOMBERGPhil Serafino

Yield Surge Puts Logic Behind Stocks Rally to the Test

GMR Solutions Inc. raised $479 million in a downsized IPO after revising its target earlier on Tuesday, counting KKR & Co. among its backers, as traders work on the floor of the New York Stock Exchange. The company provides air and ground emergency medical services. This event may impact the stocks rally.

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