Reported about 8 hours ago
Consumer insights firm NIQ Global, backed by Advent, was valued at $6.1 billion after its shares fell 3.6% during its NYSE debut. The stock opened at $20.25, below the IPO price of $21. Although equity markets are positive, NIQ's performance indicates selective investor sentiment. The company secured $1.05 billion by pricing its shares on the lower end of its projected range and aims to use the IPO proceeds for debt repayment and corporate purposes.
Source: YAHOO