Venture Global IPO Disappoints
This is a news story, published by Yahoo Finance, that relates primarily to LNG news.
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IPO priceReuters
•Business
Business & Economics
Appetite for IPOs is strong, but watch those valuations, analysts say

81% Informative
LNG exporter Venture Global was initially aiming for a price tag as high as $110 billion , only to settle for 45% lower.
Venture Global's IPO price of $ 25 , the mid-point of the $23 to $27 range, was 7.67 times its adjusted tangible book value.
Rival Cheniere trades at 10.55 times its book value in 2024 , according to LSEG data.
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