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Tags: US | Noranda | IPO | Mover

Metals Company Noranda Gains in Trading Debut

Friday, 14 May 2010 10:03 AM EDT

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.

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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
Friday, 14 May 2010 10:03 AM
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