The New York Stock Exchange is looking to show it is back in business as it hosts the initial public offering of Albertsons Cos., its highest-profile IPO since its famed trading floor reopened. Shares of the grocery-chain operator are expected to start trading Friday at the Big Board, which was closed for two months because of the coronavirus pandemic. Existing shareholders of Idaho-based Albertsons raised $800 million on Thursday, less than anticipated, after the company’s IPO priced below expectations and the shareholders...

Source: Wall Street Journal June 25, 2020 17:15 UTC