01:35 PM EDT, 10/02/2024 (MT Newswires) -- StandardAero ( SARO ) shares soared in recent Wednesday trading after the provider of aerospace engine aftermarket services made its debut on the the New York Stock Exchange.
The stock was trading up over 32% at $31.72 in afternoon trading after opening at $31.
The company is offering 60 million shares, up from 46.5 million previously, at $24 a share. The initial public offering, which includes 6.75 million shares from existing stockholders, is set to close on Thursday.
Price: 31.72, Change: +7.72, Percent Change: +32.17