Fluence Energy Shares Surge in Trading Debut After IPO
October 28 2021 - 12:41PM
Dow Jones News
By Colin Kellaher
Shares of Fluence Energy Inc. jumped nearly 20% in their trading
debut Thursday after the energy-storage company's initial public
offering was priced above the expected price range.
Fluence shares were recently trading at $33.37, up about 19.2%,
after opening at $33.50.
The Arlington, Va., venture of AES Corp. and Siemens AG sold 31
million shares at $28 apiece in the IPO, well above the anticipated
price of $21 to $24 each.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
October 28, 2021 12:26 ET (16:26 GMT)
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