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.

Shares of Hinge Health, a digital physical therapy provider, finished their first trading session above their IPO price but below their open.