Stock Market

Manchester United IPO Debuts on New York Stock Exchange

Stock price has stayed at about $14 a share


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.