Pork giant Smithfield Foods cuts IPO price

Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
Smithfield Foods does not plan to close more U.S. pork processing plants, Chief Executive Shane Smith said on Tuesday, as the company returned to a U.S. exchange after more than a decade in a spinoff by Hong Kong-based WH Group .
US Pork Giant Smithfield Foods Raises $522M After Pricing IPO Below Range
Smithfield Foods and its Chinese parent raised around $522 million from the U.S. pork giant's initial public offering after pricing shares below their marketed range.
Smithfield announces IPO pricing
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead book-running managers for the proposed offering include Morgan Stanley, BofA Securities and Goldman Sachs & Co.
Smithfield Foods raises $522M in first day on Nasdaq
Listen to this article Smithfield Foods officials rang the opening bell Tuesday at the Nasdaq MarketSite in New York City, as the packaged meat and fresh pork giant launched its initial public offering of 26 million stock shares at $20 per share on the Nasdaq Global Select Market,
Pork giant Smithfield Foods cuts IPO price as Wall Street shows reduced appetite
Smithfield Foods, which makes Nathan’s hot dogs, Eckrich deli meat and Smithfield supermarket products, reported net i
Pork Producer Smithfield’s IPO Raises $522 Million as Price Cut
Smithfield Foods Inc.’s initial public offering raised $522 million, with shares pricing below the marketed range.
Pork giant Smithfield Foods has disappointing IPO
Smithfield Foods, the largest U.S. pork producer, raised $522 million in an IPO that was around 21% smaller than originally planned. Why it matters: There have been two big IPOs so far in 2025, and both of them bombed.
Bacon giant Smithfield Foods’ stock rises after IPO as Wall Street bites at reduced price
Smithfield Foods’ shares rose over their reduced initial public offering price Tuesday, as the pork producer returned to the ...
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Hoos Set For Smithfield Commonwealth Clash Dual At No. 10 Virginia Tech
CHARLOTTESVILLE, Va. – The Virginia wrestling team (4-3, 0-2 ACC) hits the road for the second straight weekend as the ...
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Pork Giant Smithfield's CEO Touts Growth Outlook, Minimizes Threats From Deportations, Bird Flu
The company's shares went on sale for $20 and dipped less than a dollar in trading Tuesday before finishing close to the offering price, generating about $522 million for the Smithfield, Virginia ...
Smithfield Culinary Named Overall Winner in International Foodservice Distributors Association Distributor's Choice Awards
Smithfield Culinary, a division of Smithfield Foods, was named the Overall Winner of the 2025 International Foodservice ...
Smithfield Foods gains slightly in early post-IPO trading to push its market cap over $8B
Smithfield Foods ( NASDAQ: SFD) opened for trading at $21.05 before settling back to $20.18 at 12:50 p.m. The early trading ...
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Smithfield brings Clash competition to benefit the Market of Virginia Tech
BLACKSBURG – On Saturday, Feb. 15, Smithfield, the presenting sponsor of the Commonwealth Clash, is challenging all attendees ...