StandardAero Shares Open For Trade At $31.16 Per Share; IPO Priced At $24/Share On 60M Shares
Portfolio Pulse from Benzinga Newsdesk
StandardAero's shares began trading at $31.16 per share after an IPO priced at $26 per share for 60 million shares.
October 02, 2024 | 4:48 pm
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StandardAero's IPO was priced at $26 per share, but shares opened at $31.16, indicating strong market demand.
The opening price of $31.16, which is above the IPO price of $26, suggests strong investor interest and demand for StandardAero's shares. This positive reception is likely to boost the stock price in the short term.
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