Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
Forbes' latest edition of its Fresh Take newsletter covers a busy week in Washington, Smithfield's IPO, egg and Super Bowl grocery prices, tariff impacts and more.
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.
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 ...
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 ...
(Bloomberg) -- Smithfield Foods Inc. and its owner are guiding prospective investors that its initial public offering is likely to price at $20 per share, below the marketed range, according to a ...
Smithfield Foods stock fell in its trading debut Tuesday after the pork giant priced shares below their marketed range.
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 the company is built on American workers processing animals ...
The lukewarm reception to the largest U.S. pork processor’s public offering underscores investors’ cautious approach to new ...
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 ...