Loar Holdings IPO Price Indicating $34-$37/Share; IPO Priced At $28/Share
Portfolio Pulse from Benzinga Newsdesk
Loar Holdings has indicated its IPO price range to be between $34-$37 per share, despite the IPO being priced at $28 per share.
April 25, 2024 | 2:57 pm
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POSITIVE IMPACT
Loar Holdings has set its IPO price range higher than the initial pricing, indicating strong investor interest or a positive market outlook.
The setting of a higher IPO price range than the initial pricing suggests a strong demand for Loar Holdings' shares or a positive assessment of the company's market value. This could lead to increased investor interest and potentially a higher stock price in the short term.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100