initial public offerings (IPOs) trading on American exchanges

Thursday, September 20, 2018

Elanco Animal Health (ELAN) began trading on the NYSE on 20 Sept 2018

Elanco Animal Health Inc.  (ELAN) shares soared more than 35% Thursday in their trading debut, after the company priced the stock above its price range. Elanco, a spinoff from Eli Lilly & Co. (LLY) was founded in 1954.
  • Sector: Healthcare
  • Industry: Drug Manufacturers - Specialty & Generic
  • Full Time Employees: 4,500
  • HQ: Greenfield, Indiana
Offer price: 62.9 mln share IPO at $24 per share, above the expected $20-23 per share range
Opened at $32.25
Offer size: $1.7 billion
Goldman Sachs. J.P. Morgan and Morgan Stanley were book-running managers on the deal.

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