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Petco Health and Wellness completed its $864 million initial public offering. The San Diego, California-based pet-care company previously traded under the ticker PETC before it was delisted.
Petco Health and Wellness, the San Diego, California-based pet health and wellness company, completed its $864 million initial public offering, selling 48 million shares at $18 each. The offering was upsized from the expected range of $14 to $17 per share. The stock is now trading on the Nasdaq under the ticker symbol "WOOF." The IPO values Petco at almost $4 billion.
The stock is available for limit orders on Robinhood and is expected to begin trading Thursday afternoon.
Before you can invest in Petco, you'll need to open a brokerage account.
It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like Petco can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.
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