Bacon giant Smithfield Foods’ stock rises after IPO as Wall Street bites at reduced price

Jan 28, 2025 - 10:15
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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.

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