Albertsons prices downsized IPO below target range, sources say.
The below-target pricing signaled an apparent softening in recent robust investor demand for new listings.
The below-target pricing signaled an apparent softening in recent robust investor demand for new listings. On Wednesday, U.S. stocks fell sharply as investors worried about a resurgence of coronavirus cases in the United States. Albertsons, which operates namesake stores as well as U.S. supermarket chain Safeway and grocer Von, did not immediately respond to a request for comment.
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