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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (72641)	12/13/2019 3:24:57 PM
From: Goose94	Read Replies (2) \| Respond to of 202912

Saudi Aramco shares surged in the first days of trading, which Riyadh took as a vindication of its strategy. The valuation, as a result, briefly hit the Kingdom’s $2-trillion price target. “It’s a great day for Saudi Arabia and the leadership of Saudi Arabia and for the people of Saudi Arabia. It’s a D-Day for Aramco, it’s a day of reckoning and vindication,” Energy Minister Prince Abdulaziz bin Salman told Reuters in Madrid. However, the FT Editorial Board noted the extensive political interference makes the IPO a “pyrrhic victory.”