LandBridge IPO Price Indicating $18.50/Share On 272,300 Shares; IPO Priced At $17/Share On 14.5M Shares
Portfolio Pulse from Benzinga Newsdesk
LandBridge's IPO is priced at $17 per share for 14.5 million shares, with an indication price of $18.50 per share on 272,300 shares.
June 28, 2024 | 4:12 pm
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LandBridge's IPO is priced at $17 per share for 14.5 million shares, with an indication price of $18.50 per share on 272,300 shares. This suggests strong initial demand and potential upward price movement.
The IPO pricing at $17 per share and the higher indication price of $18.50 per share on a smaller volume of shares suggest strong initial demand. This could lead to a positive short-term price movement for LandBridge's stock.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100