Ingram Micro pops 16% after raising $400M in IPO

seekingalpha
25 Oct 2024

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  • Ingram Micro (NYSE:INGM) shares rose 16% and opened at $25.28 on Thursday after the IT solutions provider raised $440M in its initial public offering.
  • The company sold 11.6M shares in the offering priced at $22 each, with a selling shareholder offering 7M shares.

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