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Endeavor Shares Pop Higher, Then Backstep In NYSE Debut

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deadline.com

Endeavor shares popped 12% at open on their long awaited debut on the New York Stock Exchange Thursday, then back-stepped. A strong initial showing had the stock open at $27 after being priced at $24, the top end of a range.Shares then retreated and are changing hands at midday at just under that $24 level.

The trading will be closely watched today as a sign of investor sentiment around the talent agency-live sports and events group that had filed and pulled plans for a previous IPO in 2018.

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