Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading ...
The public offering came in at $522 million, although the pork producer had anticipated more than $900 million.
This story incorporates reporting from Virginia Business, Investopedia on MSN.com and MSN.Smithfield Foods successfully ...
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after ...
Hedgeye recommends Smithfield Foods (SFD) as a long idea post-IPO, citing potential 50% upside and undervaluation compared to ...
The IPO, priced at $20 a share and below its ... Trading under the ticker SFD on the Nasdaq, Smithfield seeks to strengthen its image as an American icon despite its Chinese ownership by WH ...
However, in an announcement yesterday (27 January), Smithfield Foods said the IPO was priced at $20 a share ... following today’s debut on the Nasdaq exchange. The company now plans to offer ...
Smithfield Foods has priced its IPO well below its forecast range, raising $521.7 million for the company and the selling ...
Smithfield, owned by China's WH Group, on Tuesday said it plans to sell 17.4 million shares at between $23 and $27 apiece in the IPO. At the $25 midpoint of that range, the Smithfield, Va., company ...
The IPO valued the pork producer ... Its shares will start trading on the Nasdaq under the symbol "SFD" on Tuesday. Founded in 1936, Smithfield began as a pork processing operation named The ...
CORRECTION: An initial version of this story misspelled Smithfield Foods Inc. in the headline. Smithfield Foods Inc. is ...