Chipmaker GlobalFoundries valued at $26 billion in lackluster Nasdaq debut

Chipmaker GlobalFoundries valued at $26 billion in lackluster Nasdaq debut

3 years ago
Anonymous $np3LcwuhSi

https://www.reuters.com/article/globalfoundries-ipo/chipmaker-globalfoundries-valued-at-26-billion-in-lackluster-nasdaq-debut-idUSKBN2HI2CI

(Reuters) -Shares of GlobalFoundries Inc, which is owned by Abu Dhabi's sovereign wealth fund Mubadala Investment Co, opened flat on the Nasdaq on Thursday, giving the chipmaker a market capitalization of about $26 billion.