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Virgin Australia shares take off, rallying 11 per cent

Reuters on MSN · 14h

Virgin Australia shares soar 11.4% in debut, boost market value

By Scott Murdoch and Christine Chen SYDNEY (Reuters) -Virgin Australia shares surged 11.4% in its trading debut on Tuesday, lifting its market capitalisation to A$2.58 billion ($1.7 billion), with dealmakers hopeful it will revive Australia's subdued listings market.

Virgin Australia shares soar 8.3% on IPO debut

Virgin Australia shares rallied 8.3% yesterday, after its A$685mil (US$439mil) initial public offering (IPO), a transaction dealmakers hope will revive a subdued listings market.

ABC Business on MSN · 19h

Virgin Australia shares take off, rallying 11 per cent as airline returns to trade on ASX

Virgin Australia's shares have rallied by about 8 per cent as it has listed on the stock exchange five years after its collapse. The airline's initial public offering was priced at $2.90 per share, raising $439 million for the company.

3h

Virgin Australia says it is new and improved but the risks of investing in airlines remain

Virgin has undergone some radical surgery in the five years since it collapsed, and soared on its ASX re-entry, but the risks ...

Airline Ratings10h

Virgin Australia begins trading on the ASX

Virgin Australia lists on the ASX (VGN) after a successful $685m IPO, marking a new chapter in its growth and ambitions to be ...

Virgin Australia Surges 8.3% After $439M IPO Amid Strong Investor Demand

Virgin Australia shares jumped 8.3% on Tuesday following its A$685 million ($439 million) initial public offering, signaling ...

19h

Virgin Australia rallies 7.5pc at open; ASX jumps

Sharemarket up 1 per cent in broad rally; CBA cracks record; energy stocks drop with oil price; Collins Foods soars 20pc; Rio ...

Executive Traveller16h

Virgin to allow dogs in the cabin on pet-friendly flights

Virgin Australia says it will soon allow dogs and cats to sit with their owners in the cabin of domestic flights, rather than ...

19h

Virgin Australia flies back onto the stock exchange as rescuer Bain Capital offloads part of holding

Virgin Australia has roared back onto trading on the stock exchange, more than five years after crashing with more than $6 ...

12h

Inside Virgin’s big day, in the shadow of war and trepidatious markets

Would the long-awaited listing take off? Without a hitch, it seems. And there were plenty there to see it, with more bells ...

Virgin Australia Has Just Launched A Massive 4-Day Flight Sale To Fiji, Bali And New Zealand

If you were waiting for a sign to book your next getaway, this is it. Virgin Australia has launched an epic flight sale ...

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