Corrected: Forgent Power falls 3.7% in NYSE debut after $1.5 billion US IPO
05/02/2026 18:45
Corrects valuation to nearly $8 billion, from roughly $8.2 billion Feb 5 (Reuters) - Forgent Power Solutions' FPS.N shares fell 3.7% in their New York Stock Exchange debut on Thursday, valuing the electrical equipment maker at nearly $8 billion. (Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri) ((Manya.Saini@thomsonreuters.com; X: manya__saini;))