Citicore Renewable Energy IPOs to a flat finish

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Citicore Renewable Energy Corp. News

Citicore Renewable Energy Corp [CREC 2.70 unch; 100% avgVol] [link] opened its trading life on the PSE on Friday up 1.8% with the first trades going through at P2.75/share.

] opened its trading life on the PSE on Friday up 1.8% with the first trades going through at P2.75/share. The per-share price ticked down slightly through the day and finished at the intraday low of P2.70/share, which was CREC’s IPO offer price. A little over 25 million shares traded hands, which is approximately 1% of the total public float. CREC has a stabilization fund.

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