Fluence Energy Shares Surge in Trading Debut After IPO - News Summed Up

Fluence Energy Shares Surge in Trading Debut After IPO


By Colin KellaherShares of Fluence Energy Inc. jumped nearly 20% in their trading debut Thursday after the energy-storage company's initial public offering was priced above the expected price range. Fluence shares were recently trading at $33.37, up about 19.2%, after opening at $33.50. The Arlington, Va., venture of AES Corp. and Siemens AG sold 31 million shares at $28 apiece in the IPO, well above the anticipated price of $21 to $24 each. Write to Colin Kellaher at colin.kellaher@wsj.com(END) Dow Jones NewswiresOctober 28, 2021 12:26 ET (16:26 GMT)Copyright (c) 2021 Dow Jones & Company, Inc.


Source: Wall Street Journal October 28, 2021 17:45 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */