The public offering came in at $522 million, although the pork producer had anticipated more than $900 million.
The offering has been priced at $20 per share, not the $23 to $27 range suggested by the meat giant last week.
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 ...
The IPO valued the pork producer at $7.95 billion, ahead of a market debut that will see the company return to a U.S.
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the ...
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after ...
Smithfield Foods, which makes Nathan’s hot dogs, Eckrich deli meat and Smithfield supermarket products, reported net i ...
The U.S. IPO market is moving forward with a steady flow of applicants. Investors this week are awaiting the U.S. Fed's ...
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' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more ...