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Loar Holdings Shares Rise on NYSE Debut
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Loar Holdings Shares Rise on NYSE Debut
Apr 25, 2024 10:23 AM

12:58 PM EDT, 04/25/2024 (MT Newswires) -- Loar Holdings' ( LOAR ) stock rose more than 62% in recent Thursday trading on its debut on the New York Stock Exchange after opening at higher than the initial public offering price of $28 per share.

The company, which opened at $45 Thursday morning, had set its IPO price range between $24 and $26 a share. The offering comprises 11 million shares.

Price: 45.47, Change: +17.47, Percent Change: +62.38

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