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Updated Oct. 24, 2023 10:17 pm ET
Kokusai Electric shares rose sharply on their first day of trading on the Tokyo Stock Exchange, following an $830 million initial public offering.
The shares were recently at 2,318 yen, or 26% higher than the initial public offering price of ¥1,840. The shares opened at ¥2,116 earlier Wednesday morning, or 15% higher.
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