Andersen Group Shares Jump 34% After $176 Million US IPO
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000US Stocks:Shares of Andersen Group Inc., the US arm of the professional services firm that succeeded the shuttered accounting giant Arthur Andersen, rallied as much as 34% in its trading debut. The company’s shares traded at around $21.37 each as of 12:03 p.m. in New York, above its IPO price of $16 apiece. At the trading price, Andersen would have a market value of around $2.3 billion based on the outstanding shares listed in its filings.