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Stock impact report

UL Solutions valued at $6.8 bln in strong debut on NYSE [Reuters]

Southwest Gas Holdings, Inc. (DE) (SWX) 
Last southwest gas holdings, inc. (de) earnings: 2/26 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.swgasholdings.com
Company Research Source: Reuters
The company's shares opened at $34 apiece, above their initial public offering (IPO) price of $28, which was at the higher end of its targeted range. UL Solutions' parent non-profit UL Standards & Engagement (ULSE) raised $946.4 million in the IPO after selling 33.8 million shares. The strong showing from the company follows the successful debut of PACS Group (PACS.N) New Tab , opens new tab on Thursday, valuing the healthcare firm at $4 billion, a sign that U.S. initial public offerings are on the road to recovery. The IPO market is seeing a rebound in activity in 2024, after a dry spell of almost two years as high interest rates, market volatility, and geopolitical turmoil weighed on investors' risk appetite. Report this ad UL Solutions is a third party certification company, it certifies a variety of technology solutions including electric vehicle chargers and liquid cooling systems using in data center servers. "We are really excited about the growth opportunities r Show less Read more
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