Forgent Power Solutions Makes Market Debut with 7.41% Gain on First Trading Day

Stock News

Feb 06

Shares of US electrical equipment manufacturer Forgent Power Solutions (FPS.US) commenced trading on Thursday, opening higher and closing up 7.41% at $29. The company's IPO price was set at $27 per share. Forgent designs, manufactures, and sells equipment such as transformers, switchboards, and power distribution units for data centers, which require continuous and reliable electricity supply. The company was established in 2023 by private equity firm Neos and has expanded through acquisition deals completed in 2023 and 2024.

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The company's IPO price was set at $27 per share. Forgent designs, manufactures, and sells equipment such as transformers, switchboards, and power distribution units for data centers, which require continuous and reliable electricity supply. 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The company was established in 2023 by private equity firm Neos and has expanded through acquisition deals completed in 2023 and 2024.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TWM","symbol_name":"罗素2000指数两倍做空ETF","start_time":0,"source_url":"","article_id":"1135090246","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135090246","pubTimestamp":1770331018,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Shares of US electrical equipment manufacturer Forgent Power Solutions (FPS.US) commenced trading on Thursday, opening higher and closing up 7.41% at $29. 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