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Zoetis (ZTS) opens at $31.50, rising 21% from its $26 initial pricing last night - which had...

  • Friday, February 1, 10:22 AM ET
    Zoetis (ZTS) opens at $31.50, rising 21% from its $26 initial pricing last night - which had already been priced above the expected range of $22 to $25 due to high demand. The animal nutrition spinoff from Pfizer (PFE) raised $2.2B, making it the largest IPO from a U.S. firm since Facebook.
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This news story has 3 comments:

  •  
    ...I have a question. Does it not matter at all that Pfizer's pipeline is clogged w/lawsuits?
    1 Feb, 10:40 AM Reply Like
  •  
    clogged? Try JNJ.
    1 Feb, 11:45 AM Reply Like
  •  
    how do PHE stock holders benefit with this type of spin off ? Sure is not the same as COP spin off of Phillip 66 in which we got stock of the new company.
    1 Feb, 06:16 PM Reply Like
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