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Smithfield Foods, IPO
Smithfield Foods valued at $7.7 bln in lukewarm market debut
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 gains slightly in early post-IPO trading to push its market cap over $8B
Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading values the food processing giant at just over $8.0 billion.
Smithfield Foods raises $522 million, pricing IPO below expected range
This story incorporates reporting from Virginia Business, Investopedia on MSN.com and MSN.Smithfield Foods successfully raised $522 million through its initial public offering listed on the Nasdaq Global Select Market.
9h
on MSN
Smithfield Foods added as a new long idea at Hedgeye
Hedgeye recommends Smithfield Foods (SFD) as a long idea post-IPO, citing potential 50% upside and undervaluation compared to ...
1d
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the ...
1d
on MSN
Bacon giant Smithfield Foods’ stock rises after IPO as Wall Street bites at reduced price
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
19h
on MSN
Pork Giant Smithfield Returns to U.S. Stock Market
Shares closed down in their first day of trading. CEO Shane Smith said the company is at its peak despite threats of tariffs ...
GlobalData on MSN
1d
Smithfield Foods IPO pricing falls short of target
The offering has been priced at $20 per share, not the $23 to $27 range suggested by the meat giant last week.
1d
on MSN
Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird flu
Smithfield Foods' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more ...
1d
on MSN
US Pork Giant Smithfield Foods Raises $522M After Pricing IPO Below Range
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after ...
Meat
12h
Smithfield announces IPO pricing
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
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