Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after pricing shares below their marketed range.
Smithfield Foods, the largest pork processor in the U.S., said it priced its initial public offering well below its forecast range, raising $521.7 million for the company and the selling stockholder.
The offering has been priced at $20 per share, not the $23 to $27 range suggested by the meat giant last week.
Launched in 2019, the San Francisco-based startup, which offers an HR platform for companies with remote workers, recently hit an annual revenue run rate (an extrapolated projection of future annual ...
The lukewarm reception to the largest U.S. pork processor’s public offering underscores investors’ cautious approach to new ...
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
Forbes' latest edition of its Fresh Take newsletter covers a busy week in Washington, Smithfield's IPO, egg and Super Bowl ...
Smithfield Foods launched its initial public offering of stock this Tuesday (Jan. 28), selling 26 million shares at $20 each ...
Add in fears of economic slowdown, lingering inflation, and an uncertain rate path and IPO investors can be forgiven for ...
Smithfield Foods' CEO says he hopes that everything the company has done to make working in its plants more attractive ever ...
IPO experts are expecting more companies to go public this year than last year, and restaurants including Panera and Fogo de ...