Loar Holdings shares soar 61% in stellar NYSE debut

Loar Holdings

25/04/2024 17:04

April 25 (Reuters) - Shares of aircraft parts
manufacturer Loar Holdings  LOAR.N  soared nearly 61% in their
debut on the New York Stock Exchange on Thursday, giving the
company a valuation of nearly $4 billion.
    
    

 (Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by
Shilpi Majumdar)
 ((JaiveerSingh.Shekhawat@thomsonreuters.com;))