LNG Exporter Venture Global Stock Trades Below IPO Price in Debut
Key Takeaways Shares of liquefied natural gas exporter Venture Global debuted Friday below their initial public offering price of $25 per share. The company generated $1.75 billion by pricing 70 million shares in the middle of its $23 to $27 range. Venture Global initially offered 50 million shares priced between $40 and $46, the midpoint