Phongphan | BigStock.com
Smithfield Foods stock began trading on the on the U.S. stock market on January 28 with an initial public offering (IPO) price of US$20 per share.
Smithfield stock begins trading on US market at $20 per share
Pricing of the company's initial public offering (IPO) was well below the US$23 and US$27 per share the the company had expected.