New Energy Tech Giant Londian Wason Debuts On NYSE
Londian Wason, world's largest lithium-ion battery copper foil supplier, sets IPO price at $22. Shares trade higher, valuation of $2.01B.
A big company that makes special copper material for batteries just started selling shares on the stock market at $22, and people wanted to buy them right away. When a new company's shares sell well on day one, it can mean people think the business is strong, but it's still early to know if that excitement will last.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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