Infinity Natural Resources (INR) stock was up nearly 13% in recent Friday trading after opening at $22.16 per share in its New York Stock Exchange debut, higher than the $20-per-share initial public offering price.
The offering, consisting of about 13.3 million class A common shares, is expected to close on Monday, the company said.
Underwriters were granted a 30-day option to purchase up to 2 million additional shares at the IPO price, Infinity Natural added.
Price: 22.53, Change: +2.53, Percent Change: +12.65
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