UPDATE: Kodiak Gas Services IPO Indicating $15.75-$16.25/Share; IPO Priced At $16/Share On 16M Shares
Portfolio Pulse from Happy Mohamed
Kodiak Gas Services (KGS) has indicated its initial public offering (IPO) price to be between $15.75 and $16.25 per share. The IPO is priced at $16 per share on 16 million shares.
June 29, 2023 | 3:02 pm
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Kodiak Gas Services' IPO is priced at $16 per share on 16 million shares, with an indicated price range of $15.75 to $16.25 per share.
The news directly pertains to Kodiak Gas Services' IPO pricing. The indicated price range and the final pricing of the IPO can influence investor sentiment and trading behavior, potentially impacting the stock's short-term performance. However, it's hard to predict the direction of the price movement based on this information alone.
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