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Petco valued at over $5B after Nasdaq debut
8 days ago - By New York Post
Shares of Petco rose in their market debut on Thursday, giving the pet retailer a market capitalization of $5.69 billion. The company's shares opened at $26, 44.4 percent above its initial public offering price of $18 per share. Petco offered 48 million shares and raised $864 million in its IPO. Petco's debut comes in a week that...
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