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Why Did WF International Stock Plunge 9.09% Post-IPO Pricing?
Generated by AI AgentAinvest Movers Radar
Wednesday, Apr 2, 2025 9:27 am ET1min read
On April 2, 2025, WF International's stock price dropped 9.09% in pre-market trading, marking a significant decline for the company.
WF International Limited has recently announced the pricing of its Initial Public Offering (IPO) and its listing on the Nasdaq Capital Market. The company priced its IPO at $4.00 per share, aiming for substantial growth as it enters the Nasdaq Capital Market with the ticker symbol
. This move is part of the company's strategy to expand its presence and attract more investors.WF International Limited is a holding company that specializes in the provision of supply, installation, fitting-out, and maintenance services for heating, ventilation, and air conditioning (HVAC) systems, floor heating systems, and water purification systems. Founded by Ke Chen in June 2009 and headquartered in Chengdu, China, the company has been steadily growing its operations and market reach.
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