Homebuilder Smith Douglas valued at $1.21 billion in strong debut

Smith Douglas Homes

11/01/2024 17:12

Jan 11 (Reuters) - Smith Douglas Homes  SDHC.N  notched
a valuation of $1.21 billion in its market debut on Thursday,
after the homebuilder's shares rose 11.9% at open on the New
York Stock Exchange.

 (Reporting by Sri Hari N S in Bengaluru; Editing by Shilpi
Majumdar)
 ((SriHari.NS@thomsonreuters.com;))