24/7 Newsfeed

Put Reason 24/7 on Your Site


Follow Reason 24/7 on Twitter and via RSS

Manchester United IPO Debuts on New York Stock Exchange

Shares of mega soccer team Manchester United (MANU: 14.00, 0.00, 0.00%) hovered just above their offering price of $14 in early trading after debuting Friday on the New York Stock Exchange.

Analysts had widely predicted a lukewarm welcome in U.S. markets for shares of the beloved 134-year-old British team, often described as the most popular professional sports team in the world.

Source: Fox Business. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.