On their fourth trading day, shares closed with a value that eluded the oil company before its initial public offering.
Tag: Saudi Stock Exchange (Tadawul)
Saudi Aramco Stock Surges, but Questions Loom
The oil giant’s shares reached prices on the Riyadh exchange that make it the world’s most valuable public company.
Is Aramco Worth $2 Trillion? And Other Crucial I.P.O. Questions
The valuation of the giant oil producer remains a critical question in the wake its decision to go public.
Aramco’s I.P.O. Will Be Less Gigantic Than Promised
The state-owned oil giant is expected to announce soon that it plans to go public. But the stock sale will fall short of Saudi Arabia’s ambitions.