Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. On Thursday, shares fell 3.3% to close at 35.5 Saudi riyal, or $9.46. As the stock soared in its initial trading days, by last Thursday Saudi Aramco’s total market value had surpassed $2 trillion, topping Apple as the world’s most valuable company.
(See QURE stock analysis on TipRanks)To find good ideas for beaten-down stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. D.R. What are you waiting for? In the second half of March, volumes were down 50% compared to the first half of the month, and TCMD’s patient volumes in April and May remained challenged. That's why it was a shock when Aramco chose a small boutique investment bank to advise on the IPO. (To watch Chen’s track record, click here)Turning now to the rest of the Street, other analysts echo Chen’s sentiment.
... Saudi Aramco shares priced at top of range in world's biggest IPO. "Every bank in the world is going to want to have a role in this," reported the Financial Times in January.
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