Venture Global Stock Drops Below Offering Price. The IPO Could Signal Shift in Energy Investing.
The transaction values the LNG company at $60 billion, instantly making it one of the largest U.S. energy businesses.
LNG exporter Venture Global falls below IPO price in its trading debut
Venture Global (VG) shares opened at $24.05 a share, below their $25-a-share IPO price. The stock was trading at $24.50 at last check, down 2% on the day.
LNG Exporter Venture Global Shares Open 3.8% Below IPO Price
Venture Global Inc. shares slipped 3.8% in the natural gas exporter’s debut as a public company, after slashing its price ...