ProPetro (PUMP) IPO Opened Up 7%

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ProPetro (PUMP) IPO Prices at $14

March 17, 2017 5:43 AM EDT

ProPetro Holding Corp. (NYSE: PUMP) announced today that it has priced the initial public offering of 25,000,000 shares of its common stock at $14.00 per share, of which 13,250,000 shares are to be sold by the Company and 11,750,000 shares are to be sold by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange on... More