Smart & Final begins public trading

Smart & Final begins public trading

Smart & Final, the Commerce, Calif.-based non-membership warehouse chain, raised more than $160 million in the company's first day of trading common stock on the New York Stock Exchange.

The company offered 3.5 million shares at $12 per share in its initial public offering Wednesday, and finished the day trading at $12.01. The stock, trading under the symbol SFS, went as high as $13.42 as share volume reached 12,140,000.

Smart & Final

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