UL Solutions IPO Price Indicating $34 On 1.8M Shares; IPO Priced At $28/Share On 33.8M Shares
Portfolio Pulse from Benzinga Newsdesk
UL Solutions has set its IPO price at $28 per share, issuing 33.8 million shares. Early trading indicates a price of $34 on 1.8 million shares.
April 12, 2024 | 3:19 pm
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POSITIVE IMPACT
UL Solutions IPO priced at $28/share, with early trading indicating a rise to $34 on 1.8M shares.
The increase from the IPO price of $28 to early trading indications of $34 suggests strong market interest and demand for ULS shares. This positive momentum could lead to short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100