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Smithfield Foods, IPO
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 stock market about 12 years after China’s WH Group took it private.
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.
Smithfield Foods prices IPO below range in US market comeback
Smithfield Foods, the largest pork processor in the U.S., said it priced its initial public offering well below its forecast range, raising $521.7 million for the company and the selling stockholder.
1d
Smithfield falls short of expectations in muted IPO
The public offering came in at $522 million, although the pork producer had anticipated more than $900 million.
21h
Smithfield Foods: A Pig Business
Smithfield Foods' IPO priced below expectations, reflecting volatile earnings and numerous risks, making the stock appear ...
Meat
1d
Smithfield announces IPO pricing
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
2d
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 ...
1d
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
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
Smithfield Stock Wobbles, Turns Negative in First Trading Day
Smithfield Foods shares entered negative trading territory in its first trading day following an initial public offering. Shares recently traded down around 2.4% to $19.52. The company's IPO priced at ...
6d
What to Know About the Pork IPO That Could Kick Off 2025 With a Bang
Smithfield Foods could be one of the year's biggest U.S. initial public offerings, with the pork producer planning to raise ...
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