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Aramco Stock Soars Limit Up In Debut After Saudis Force Locals To Buy
12-11-2019, 10:48 AM,
#1
Aramco Stock Soars Limit Up In Debut After Saudis Force Locals To Buy
Aramco Stock Soars Limit Up In Debut After Saudis Force Locals To Buy

<p>Saudi Arabia’s oil company Aramco soared 10% limit up on its first day of trading, reaching a valuation of $1.88 trillion, higher than any other publicly traded company in the world. This means that after pricing its IPO at $1.7 trillion, Jamie Dimon left about $180 billion on the table, which will hardly impress the Crown Prince.</p>


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