Dole Drops in Trading Debut After Shrunken $400 Million IPO

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Dole Drops in Trading Debut After Shrunken $400 Million IPO

Bloomberg2021-07-31

(Bloomberg) -- Dole Plc, the world’s largest produce company, fell 9.4% in its trading debut after delaying and downsizing its U.S. initial public offering to raise $400 million. Share’s of Dublin-...

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Comment（13）

jazzica
·2021-08-03
Is this the banana we eat?
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1
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- randy126:
  follow ETH and SP500 TRY LITTLE OK
  2021-08-19
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- randy126:
  ok but slow
  2021-08-19
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Mm101
·2021-08-01
Nice
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3
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DYDFC
·2021-08-01
F
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2
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AyePwint
·2021-07-31
Tell me your opinion about this news...
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Chonky
·2021-07-31
Like
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3
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Kwgan
·2021-07-31
?
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2
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Kwgan
·2021-07-31
?
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2
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peterob1
·2021-07-31
[Speechless]
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4
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- peterob1:
  Haha
  2021-07-31
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FionBai
·2021-07-31
Ok
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- Kwgan:
  ?
  2021-07-31
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KamenR
·2021-07-31
The entire company is build on a “prosperous” symbol (pineapples). It is suppose to do well!
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3
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- Pluto891:
  lol..
  2021-07-31
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- Acestars:
  yea
  2021-07-31
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JerryCheah
·2021-07-31
Good
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3
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Syww
·2021-07-31
[Strong] [Strong]
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5
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- Andersonkana:
  good
  2021-07-31
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- Tslverde:
  Good?
  2021-07-31
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newbe1001
·2021-07-31
Ok
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6
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- Andersonkana:
  noted
  2021-07-31
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- Andtendo:
  Ok
  2021-07-31
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Dole initially offered 26 million shares for $20 to $23 and planned to go public on Tuesday. It put off the share sale to Thursday, changing the terms to offer 30.3 million shares for $16 to $17. It ended up selling only 25 million shares.\nChief Executive Officer Rory Byrne chalked up the twists and turns of the week partly to a surge of listings. He said the company’s objectives of the listing weren’t short term and, with a diverse business and the iconic Dole brand, it’s positioned well for growth and to attract investors.\n“When we took on the IPO, we couldn’t anticipate there would be 23 this week,” he said in an interview. “The timing was what it was, the valuation is what it is.”\nDole’s listing was the sixth-biggest of the week on U.S. exchanges, according to data compiled by Bloomberg. Robinhood Markets Inc., the biggest of those with a $2.1 billion offering, fell in its debut Thursday. 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<u>OK</u>"},{"id":5575690,"gmtCreate":1629347459464,"gmtModify":1663232597027,"authorId":4087541322766510,"author":{"id":4087541322766510,"idStr":"4087541322766510","authorId":4087541322766510,"name":"randy126","avatar":"https://static.tigerbbs.com/6306d136c23cfaed5f8d1af2007ebb7a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":807971604,"type":1,"supId":0,"prevId":0,"content":"ok but <u>slow</u>","text":"ok but <u>slow</u>","html":"ok but 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