(Reuters) -Shares of Omada Health rose 21% in their Nasdaq debut on Friday, valuing the virtual chronic care provider at $1.28 billion. The robust debut underscores a steady recovery in investor appetite for new listings at a time when U.

The team at Omada Health took a victory lap Friday after the company's successful Nasdaq debut, according to company president Wei-Li Shao. | The team at Omada Health took a victory lap Friday after the company's successful Nasdaq debut,

Omada offers virtual programs for chronic conditions including prediabetes, diabetes, and hypertension. The IPO, which sold 7.9 million shares, is part of a recent resurgence in health and tech listings,