March 3, 2020 / 5:14 PM / a month ago

GFL Environmental shares drop in U.S. market debut

March 3 (Reuters) - Shares of GFL Environmental Holdings Inc on Tuesday fell nearly 8% in their debut on the New York Stock Exchange, after the company raised about $1.43 billion in its initial public offering.

GFL’s shares opened at $17.5, giving the waste management company a valuation of $5.81 billion.

The Canadian waste management company on Monday priced its IPO at $19 each, below its range of $20 to $21 per share. (Reporting by C Nivedita in Bengaluru; Editing by Shailesh Kuber)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below