Iveco Group Shares Fall in Trading Debut
03 January 2022 - 9:45PM
Dow Jones News
By Kim Richters
Iveco Group NV's shares declined 11% in its first day of trading
on Monday following its separation from CNH Industrial NV.
Iveco Group, which makes commercial and specialty vehicles as
well as powertrains, opened with an initial price of 11.26 euros
($12.81) per share on the Milan stock exchange. At 1002 GMT, the
company was trading at EUR10.02 a share.
The trading debut comes after truck-and-bus manufacturer Daimler
Truck Holding AG spun out of Daimler AG and listed on the stock
market in Germany in December.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
January 03, 2022 05:30 ET (10:30 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Mar 2024 to Apr 2024
CNH Industrial NV (NYSE:CNHI)
Historical Stock Chart
From Apr 2023 to Apr 2024