LNG Exporter Venture Global Stock Trades Below IPO Price in Debut
1. Venture Global shares closed below IPO price of $25 on first trading day. 2. The company raised $1.75 billion by pricing 70 million shares. 3. Initial pricing was higher, aiming for $2.15 billion with 50 million shares. 4. Revenue and profit fell significantly in 2024 compared to 2023. 5. Venture Global faces arbitration challenges over LNG sales to long-term customers.