(Reuters) – Venture Global LNG’s shares were set to open up to 6% above their offer price in their debut on the New York Stock Exchange on Friday. The LNG exporter’s stock was indicated to trade between $25.5 and $26.5, compared with the IPO price of $25. At the higher-end, it could notch a valuation […]
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Venture Global shares likely to open up to 6% above IPO price
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(Reuters) – Venture Global LNG’s shares were set to open up to 6% above their offer price in their debut on the New York Stock Exchange on Friday.
The LNG exporter’s stock was indicated to trade between $25.5 and $26.5, compared with the IPO price of $25. At the higher-end, it could notch a valuation of $64.11 billion.
(Reporting by Manya Saini and Niket Nishant in Bengaluru; Editing by Arun Koyyur)