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Reuters

Reuters

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Business & Economics

Titan America valued at nearly $3 billion as shares rise 1.25% in NYSE debut

Reuters
Summary
Nutrition label

82% Informative

Shares of Titan America rose 1.25% in their debut on the New York Stock Exchange .

The cement producer raised $384 million by selling 24 million shares in its initial public offering.

Investor enthusiasm for new stock offerings buoyed by expectations of a more business-friendly regulatory climate under U.S. President Donald Trump .

VR Score

92

Informative language

98

Neutral language

81

Article tone

formal

Language

English

Language complexity

60

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links