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US Pork Giant Smithfield Foods Raises $522M
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 .
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 below the range offered in its IPO.Most Read from BloombergTexas HOA Charged
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.
Meat
16h
Smithfield announces IPO pricing
Smithfield will not receive any proceeds from the sale of the shares by the selling shareholder. Acting joint lead ...
1d
on MSN
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 ...
12h
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 ...
1d
on MSN
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 ...
14h
on MSN
Four Hampton Roads residents won big in Va. Lottery
Four Hampton Roads lottery players won big in the past couple months. The three winners come from Virginia Beach, James City ...
1d
on MSN
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 ...
1d
Smithfield Foods Gains in First Day of Trading
Shares of Smithfield Foods, which late Monday priced its initial public offering at $20 per share, were ticking higher on their first day of trading. The stock, trading under the ticker symbol SFD, ...
8d
Smithfield Foods sets initial IPO terms that value the company as high as $10.7B
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its ...
shorenewsnetwork
1d
Smithfield man kicks off New Year with $100K Virginia Lottery win
Richard Bellew, a retired U.S. Navy officer, started the new year with a $100,000 win playing the Virginia Lottery’s Knight’s ...
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