ZURICH, Oct 28 (Reuters) - Shares of Swiss clean manufacturing technology company SKAN Group SKAN.S jumped in their debut on the SIX Swiss stock exchange on Thursday, hitting 74.50 Swiss francs ($81.12) in early trading after opening at 75 francs.
SKAN priced its initial public offering at 54 Swiss francs per share on Wednesday, near the upper end of the indicated range. The offer price implied a market capitalisation of 1.21 billion Swiss francs. ID:nL1N2RN085
($1 = 0.9184 Swiss francs)
(Reporting by Riham Alkousaa; Editing by Michael Shields)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.