1. JBSAY began trading on NYSE, gaining nearly 5% on the first day. 2. Projected revenue for 2024 is $77 billion, enhancing investor interest. 3. JBS's market cap exceeds $31 billion, boosting the Batistas' net worth significantly. 4. Past corruption issues involving Batistas may raise regulatory scrutiny. 5. Listing in the U.S. strengthens JBS's competitive position against Tyson.
JBSAY's strong debut and projected growth could attract more investments. Historically, new market entries often lead to initial price increases, as seen with other IPOs, particularly in the food sector.
The article highlights JBSAY's new trading status and potential revenue growth, both crucial for stock performance. The presence of negative associations from past scandals remains a cautionary note but might not overshadow the bullish outlook.
The continuous revenue growth and market presence in the U.S. can lead to sustained performance. Examples include companies like Beyond Meat, which saw prolonged growth after their initial public offering.