US Stock Market Move | Lucky Group (LUD.US) has landed on the US stock market with a 3.5% increase at the opening.
28/02/2025
GMT Eight
On Thursday, Luda Group (LUD.US) debuted on the US stock market, with the stock opening 3.5% higher at $4.14. The IPO price was $4. This group primarily operates two business lines: manufacturing and selling stainless steel and carbon steel flanges as well as various spare parts; and trading steel pipe products such as valves. The group's production base is located in Tai'an, China. Its sales network covers China and other regions in Asia, as well as South America, Australia, Europe, and North America. Its clientele includes manufacturers and traders in the chemical, petrochemical, maritime, and manufacturing industries.