Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other IPO candidates to tread cautiously.
Smithfield Foods could be one of the year's biggest U.S. initial public offerings, with the pork producer planning to raise as much as $940 million as it returns to the stock market.
An earlier version of this story misspelled the name of Smithfield Foods Inc. in its headline. Smithfield Foods Inc. is offering Wall Street a seat at the table for potential growth in its ...
CORRECTION: An initial version of this story misspelled Smithfield Foods Inc. in the headline. Smithfield Foods Inc. is offering Wall Street a seat at the table for potential growth in its ...
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering (IPO) after pricing shares below their marketed range. The IPO marks a return ...
Smithfield Foods (NASDAQ:SFD) opened for trading at $ ... The company had priced 26,086,958 shares of its IPO at $20.00 per share, which fell below the expected range of $23 to $27.
(Reuters) - Smithfield Foods, the largest pork processor in the ... raising $521.7 million for the company and the selling stockholder. The IPO valued the pork producer at $7.95 billion, ahead ...
The lukewarm reception to the largest U.S. pork processor’s public offering underscores investors’ cautious approach to new ...
Smithfield Foods' CEO says he hopes that everything the ... WH Group plans to hang onto more than 91% of Smithfield's shares even after the IPO, so that's not going to change, but Smith said ...
US meat heavyweight Smithfield Foods is set to raise less than it anticipated from an IPO as pricing fell short of target. The initial pricing guidance of $23 to $27 a share would have raised as ...
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