Pershing Square USA Shares Indicated to Open Lower

Pershing Square USA shares were indicated to open between $42.50 and $47.50 in their NYSE debut. The range is lower than the initial public offering price of $50.

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Pershing Square USA shares are indicated to open between $42.50 and $47.50 in their United States market debut on Wednesday. The indicated range sits 5% to 15% below the initial public offering price of $50.00.

Screens at the New York Stock Exchange (NYSE) display the Pershing Square Inc. logo on the day of its IPO, in New York City, U.S., April 29. REUTERS/Brendan McDermid
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