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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 ...
Pinnacle Foods will release its quarterly report tomorrow, and the stock has made a nice run since coming public in late March. But now that all the IPO hype is behind it, the question is whether ...
Underwritten by Bear Stearns on 13 November 1998, the IPO was priced at $9 per share. The share price quickly increased 1,000% on the opening day of trading, to a high of $97. Selling pressure from institutional flipping eventually drove the stock back down, and it closed the day at $63.
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 ...
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The S&P 500 is a stock market index maintained by S&P Dow Jones Indices.It comprises 503 common stocks which are issued by 500 large-cap companies traded on the American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average).
Investors "like" Facebook shares, and a big retailer is making progress with its turnaround effort. Tuesday was a mediocre day. The Dow industrials (^DJI) lost a point, the S&P 500 (^GPSC) edged ...
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