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[4] That year, Pinnacle Foods had its IPO on the New York Stock Exchange, raising approximately $580 million for its owners, the private equity Blackstone Group. Shares began trading under the ticker symbol PF on April 4 at the upper range of its offering, $20 per share, thereby valuing Pinnacle Foods with a market capitalization of $2.3 ...
Recently, Pinnacle Foods held its initial public offering, priced at $20 per share, at the high end of the expected range. The IPO brought in a net $627 million for the company, and the stock has ...
Producer prices rose 0.4% in November, higher than consensus estimates of 0.2%. Declines in Nvidia and Adobe stock weighed on the Nasdaq, while bond yields rose.
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Shelf-stable and frozen food purveyor Pinnacle Foods is going to initiate a quarterly regular cash dividend, with the initial payment at $0.18 per share. Having completed its IPO on March 28 and ...
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The company's shares were up by 11% over their issue price in after-hours trading, changing hands for $22.20 after hitting the market at $20. Pinnacle, which Pinnacle Foods Shares Rise on Market Debut