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Smithfield Foods, IPO
Smithfield Foods: A Pig Business
Smithfield Foods' IPO priced below expectations, reflecting volatile earnings and numerous risks, making the stock appear cheap, but caution is warranted. Learn more on SFD stock here.
Smithfield Foods Debuts With $8 Billion Market Cap in IPO
Smithfield Foods ( SFD, Financials) launched its IPO on Tuesday, starting trading at $21.05 before falling to $20.18 by midday. On Wednesday, shares were priced at $19.29 as of 3:34:43 PM EST, reflecting a 3.5% drop from the previous close.
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.
Food Processing
20h
Smithfield Foods Goes Public at a Muted $20 per Share
Smithfield Foods launched its initial public offering of stock this Tuesday (Jan. 28), selling 26 million shares at $20 each ...
3d
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 ...
2d
on MSN
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 ...
2d
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 ...
2d
on MSN
US Pork Giant Smithfield Foods Stock Finishes Lower in Trading Debut
Smithfield Foods stock fell in its trading debut Tuesday after the pork giant priced shares below their marketed range.
2d
on MSN
Pork Giant Smithfield Returns to U.S. Stock Market
Shares closed down in their first day of trading. CEO Shane Smith said the company is at its peak despite threats of tariffs ...
Meat
2d
Smithfield announces IPO pricing
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
3d
on MSN
Smithfield Foods to Keep US Pork Plants Open, Eyes Tariffs Amid IPO, CEO Says
(Reuters) - Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on ...
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