NXP Semiconductors prices 34 million-share IPO at $14

Private equity-owned Dutch chipmaker sets offering price below expected price range

NXP Semiconductors' initial public offering of at least 34 million shares priced at $14 (€10.63) a share on Thursday, well below the expected price range of $18 to $21.

The US IPO market has been rocky lately, with a slew of companies cutting their prices or pricing below their expected ranges, though strong debuts pop up sporadically. IPOs have resumed a steadier pace after a surge in volatility unnerved companies slated to go public.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line