Venture Global Slices Target Price as 2025’s First Big IPO Stumbles

Venture Global Slices Target Price as 2025’s First Big IPO Stumbles·The Wall Street Journal

Venture Global and the bankers helping to take it public hoped to capitalize on President Trump’s pro-oil-and-gas agenda. Instead, the gas exporter met pushback from prospective investors, and slashed its target price by more than one-third Wednesday. When Venture Global launched its initial public offering last week, its goal was to raise up to $2.3 billion by selling 50 million shares at $40 to $46 apiece.

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