Hinge Health, a digital physical therapy company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over

Hinge Health Inc. shares rose 25% after the digital physical therapy provider and a group of investors raised $437 million in an initial public offering priced at the top of a marketed range.

Hinge Health (HNGE, Financials) just pulled off something rare in this IPO market: an actual win. On its first day as a public company, it spiked nearly 20%. That's not just a goo