The offering has been priced at $20 per share, not the $23 to $27 range suggested by the meat giant last week.
The public offering came in at $522 million, although the pork producer had anticipated more than $900 million.
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading ...
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as 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 ...
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after ...
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
Smithfield Foods' IPO priced below expectations, reflecting volatile earnings and numerous risks, making the stock appear ...
Smithfield Foods' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more ...