Shares in Japan chipmaker Kioxia rally on Tokyo debut
Published on: December 18, 2024
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Shares in Japanese chipmaker Kioxia rallied more than seven percent on their debut in Tokyo on Wednesday after an initial public offering that valued the firm at more than $5 billion. The firm set its listing price at 1,455 yen per share, valuing the firm at 784 billion yen ($5.2 billion) and raising about 120 billion yen -- making it Japan's second biggest IPO this year.
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