US Pork Giant Smithfield Foods Raises $522M

US Pork Giant Smithfield Foods Raises $522M After Pricing IPO Below Range
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after pricing shares below their marketed range.
Smithfield Foods raises $522 million, pricing IPO below expected range
This story incorporates reporting from Virginia Business, Investopedia on MSN.com and MSN.Smithfield Foods successfully raised $522 million through its initial public offering listed on the Nasdaq Global Select Market.
Bacon giant Smithfield Foods’ stock rises after IPO as Wall Street bites at reduced price
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the stock market about 12 years after China’s WH Group took it private.
Smithfield, Owner Guide IPO Pricing Below Range
Smithfield Foods Inc. and its owner are guiding prospective investors that its initial public offering is likely to price at $20 per share, below the marketed range, according to a person familiar with the matter.
Hong Kong-Based Company Spins Off Pork Producer Smithfield Foods
Smithfield Foods, the largest pork processor in the country, announced it will not close additional plants as it focuses on growth following its initial public offering (IPO), CEO Shane Smith said Tuesday.
Pork Giant Smithfield Returns to U.S. Stock Market
Smithfield Foods wants to be seen as America’s pork champion after more than a decade under Chinese ownership. Its goal may rely on how the Trump administration manages trade ties with Beijing. Smithfield shares were up 2% to $20.
Smithfield Foods Announces Pricing of Initial Public Offering
Smithfield Foods, Inc. (the "Company"), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced the pricing of an underwritten initial public offering of 26,
Pork Producer Smithfield Shares Rise After $522 Million IPO
Smithfield Foods Inc. shares rose about 1.5% in the pork producer’s return to being a public company, after the stock priced below the range offered in its IPO.
Pork giant Smithfield Foods has disappointing IPO
Smithfield Foods, the largest U.S. pork producer, raised $522 million in an IPO that was around 21% smaller than originally planned. Why it matters: There have been two big IPOs so far in 2025, and both of them bombed.
Smithfield Foods Gains in First Day of Trading
Shares of Smithfield Foods, which late Monday priced its initial public offering at $20 per share, were ticking higher on their first day of trading. The stock, trading under the ticker symbol SFD, ...
Smithfield Foods sets initial IPO terms that value the company as high as $10.7B
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its ...
Smithfield Foods valued at $7.7 bln in lukewarm market debut
Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other ...
Smithfield Stock Wobbles, Turns Negative in First Trading Day
Smithfield Foods shares entered negative trading territory in its first trading day following an initial public offering. Shares recently traded down around 2.4% to $19.52. The company's IPO priced at ...