Harley-Davidson's E-Bike Spinoff Climbs in Volatile Trading
04 Oct 2022 | Abstracted from Bloomberg
"The shares surged as much as 46% during the regular session - after a 91% pop during premarket trading..."LiveWire began trading Sept. 27 after completing a merger with AEA-Bridges Impact Corp... The listing brought in $295 million in net proceeds, far short of the $545 million anticipated.
"LiveWire's shares fell in each of the first 3 trading sessions following its debut. Harley has said it would retain a 74% stake in the business."
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