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The Economic Times
The Economic Times
Business

HISTORICAL FACTS: Gas engine maker innio valued at 23 billion as shares jump in nasdaq debut | History Defined

GE United States

Gas engine manufacturer Innio was valued at more ​than $23 billion after its shares jumped roughly ​15% in their Nasdaq debut on Thursday, as AI infrastructure-linked companies flock ​to the IPO market.

Munich, Germany-based Innio's stock opened at $31 apiece, above the offer price of $27.

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