WF Holding (WFF) shares were down more than 1% in recent Thursday trading after the company opened lower than its initial public offering price.
The Malaysia-based fiberglass reinforced plastic manufacturer priced its IPO of 2 million shares at $4 apiece late Wednesday. It opened at $3.97 Thursday morning.
The company said it expected about $8 million in gross proceeds. The IPO is set to close on Friday.
Price: 3.94, Change: -0.06, Percent Change: -1.50
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