US Pork Giant Smithfield Foods Raises $522M

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 stock market about 12 years after China’s WH Group took it private.
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 Foods seeks up to $10.7 billion valuation in US IPO
Smithfield Foods is targeting a valuation of up to $10.73 billion in its New York flotation, the biggest U.S. pork processor said on Tuesday, moving closer to its U.S. stock market return after more than a decade.
Bacon heavyweight Smithfield Foods to tip IPO scales at $11 billion with an eye on amassing market share
Smithfield Foods Inc. is offering Wall Street a seat at the table for potential growth in its packaged-meats business as the bacon and lunch-meat manufacturer set an estimated market capitalization of nearly $11 billion in its upcoming initial public offering.
Pork Giant Smithfield Returns to U.S. Stock Market
Smithfield Foods wants to be seen as America’s pork champion after more than a decade under Chinese ownership. Its goal may rely on how the Trump administration manages trade ties with Beijing. Smithfield shares were up 2% to $20.
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 .
Hong Kong-Based Company Spins Off Pork Producer Smithfield Foods
Smithfield Foods, the largest pork processor in the country, announced it will not close additional plants as it focuses on growth following its initial public offering (IPO), CEO Shane Smith said Tuesday.
Pork Producer Smithfield Shares Slip After $522 Million IPO
Smithfield Foods Inc. shares rose about 2% in the pork producer’s return to being a public company, after the stock priced ...
Pork giant Smithfield’s CEO touts growth outlook, minimizes threats from deportations, bird flu
Smithfield Foods' CEO Shane Smith says he hopes that everything the company has done to make working in its plants more ...
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 ...
Smithfield Foods Debuts With $8 Billion Market Cap in IPO
Smithfield Foods ( SFD, Financials) launched its IPO on Tuesday, starting trading at $21.05 before falling to $20.18 by ...
Smithfield Foods valued at $8 bln in lukewarm market debut
Smithfield Foods was valued at $8.1 billion after its shares ticked up 1.5% on Tuesday, in a muted debut that might prompt ...
Smithfield Stock Wobbles, Turns Negative in First Trading Day
Smithfield Foods shares entered negative trading territory in its first trading day following an initial public offering. Shares recently traded down around 2.4% to $19.52. The company's IPO priced at ...
What to Know About the Pork IPO That Could Kick Off 2025 With a Bang
Smithfield Foods could be one of the year's biggest U.S. initial public offerings, with the pork producer planning to raise as much as $940 million as it returns to the stock market.