Tags: US | Noranda | IPO | Mover

Metals Company Noranda Gains in Trading Debut

Friday, 14 May 2010 10:03 AM

Shares of metals producer Noranda Aluminum Holding Corp. are rising in their debut on the New York Stock Exchange.

The stock is up 15 cents in morning trading Friday to $8.15. Shares have traded as low as $8.11 and as high as $8.60.

Noranda Aluminum Holding priced its initial public offering of 10 million shares at $8 on Friday after slashing its offer size a day before.

The Franklin, Tenn., company said Monday it hoped to sell 16.7 million shares for $14 to $16 each.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
InvestingAnalysis
Shares of metals producer Noranda Aluminum Holding Corp. are rising in their debut on the New York Stock Exchange.The stock is up 15 cents in morning trading Friday to $8.15. Shares have traded as low as $8.11 and as high as $8.60.Noranda Aluminum Holding priced its initial...
US,Noranda,IPO,Mover
85
2010-03-14
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved