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