Volvo shares start trading following successful IPO

2022 Volvo XC60 RechargeThe Volvo car brand has gone public via an initial public offering, with its shares listing on Sweden's Nasdaq Stockholm on Friday. Volvo said it gained around 200,000 new shareholders and that the IPO was substantially oversubscribed. The IPO price was set at 53 Swedish kronor (approximately $6.16) and, at the time of writing, the price per share...

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