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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.
Pork Giant Smithfield Returns to U.S. Stock Market
Smithfield Foods wants to be seen as America’s pork champion after more than a decade under Chinese ownership. Its goal may rely on how the Trump administration manages trade ties with Beijing. Smithfield shares were up 2% to $20.
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.
Pork giant Smithfield Foods has disappointing IPO
Smithfield Foods, the largest U.S. pork producer, raised $522 million in an IPO that was around 21% smaller than originally planned. Why it matters: There have been two big IPOs so far in 2025, and both of them bombed.
US Pork Giant Smithfield Foods Raises $522M After Pricing IPO Below Range
KEY TAKEAWAYS Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after pricing shares below their marketed range.The IPO marks a return to a U.
Pork giant Smithfield Foods cuts IPO price as Wall Street shows reduced appetite
Smithfield Foods, which makes Nathan’s hot dogs, Eckrich deli meat and Smithfield supermarket products, reported net i
Smithfield Foods gains slightly in early post-IPO trading to push its market cap over $8B
Smithfield Foods (NASDAQ:SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading values the food processing giant at just over $8.0 billion. The company had priced 26,
1h
on MSN
Giant retail flagship store closing permanently for alarming reason
Related: Giant retail chain announces major closure "Customers are putting fewer items in their baskets but shopping more ...
23h
State AGs warn retail giant Costco for doubling down on 'discriminatory' DEI
State AGs in 19 states urge Costco to end discriminatory DEI policies, aligning with Trump’s executive order to enforce civil ...
7h
Truck Driver Swallowed by Giant Sinkhole in Japan as Rescuers Work to Retrieve Vehicle
A massive sinkhole has appeared at an intersection near Tokyo, swallowing a truck and its driver, according to multiple ...
8h
on MSN
Software giant SAP upgrades outlook as CFO says DeepSeek is ‘good news'
German tech giant SAP on Tuesday upgraded its financial outlook for the full year as artificial cloud computing and ...
4d
Giant pandas Bao Li and Qing Bao make public debut at National Zoo
Bao Li and Qing Bao, two giant pandas, are making their public debut at the Smithsonian's National Zoo and Conservation ...
4d
on MSN
Beloved giant pandas debut to public at National Zoo as historic partnership continues
Bao Li and Qing Bao, the two giant pandas from China, are 3 years old and arrived in October. After taking a few months to ...
Hosted on MSN
1d
Nascar Hands 58,000 Sq. Ft. Facility to $249 Billion Global Giant for a Historic Partnership
Motorsport production is one of the most complex broadcasting in the sports industry. The post Nascar Hands 58,000 Sq. Ft.
AFP on MSN
1d
Chinese property giant Vanke warns of huge loss, CEO resigns
Indebted Chinese property giant Vanke warned Monday of a major loss last year amid a continuing market slump, while also ...
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