Kinsale shares up 22% two weeks after IPO
Shares in US specialty insurer Kinsale Capital Group are trading
up more than a fifth on the initial offer price when it went public
a fortnight ago.
Shares in the excess and surplus lines (E&S) specialist
closed at $19.59 when trading ended on Wednesday (10 August), up
22.4 percent on its initial $16 listing price and 40 percent up on
the bottom end of its $14-$16 range.
The sale could be seen as a litmus test for investor appetite in...
Read more »