Stratus Global’s shares have surged 260% from its initial public offering price of 80 sen following its listing on July 21. PETALING JAYA : Stratus Global Holdings Bhd soared to another new record high today as investors snapped up shares of the recently-listed semiconductor automation specialist in a buying frenzy. At this price, it has surged 260% from its initial public offering (IPO) price of 80 sen since its Main Market debut on July 21. Earlier this week, Public Investment Bank (PublicInvest) said the management expects the group’s order book to expand by between two and four times over the coming year. Stratus Global’s current share price has surpassed PublicInvest’s 12-month target price of RM1.72 by 67%, following the post-listing rally.