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Aramco recovers to IPO level after a month, valuation back to $1.7 tn
short by Anushka Dixit / on 05 Apr 2020,Sunday
Saudi Aramco has recovered to its IPO level after it's shares traded below their original price in March. Aramco's valuation hit its original $1.7 trillion valuation achieved during its IPO after the oil giant's shares rose as much as 2.8% to 32.55 Saudi riyals on Sunday. Its shares had fallen back about 27% from its peak in December until March.
short by Anushka Dixit / 05:00 pm on 05 Apr
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