Mammoth Energy Services, Inc. Prices Initial Public Offering of Common Stock

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Mammoth Energy Services (TUSK) IPO Opens Lower

October 14, 2016 10:42 AM EDT

Today's IPO for Mammoth Energy Services, Inc. (NASDAQ: TUSK) opened for trading at $13.66 after pricing 7,750,000 shares of its common stock at $15, the low end of the expected $15-$18 range.

Credit Suisse Securities (USA) LLC acted as book-running manager for the offering.... More