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ProFrac stock trades slightly higher following downsized $288M IPO

May 13, 2022 12:11 PM ETACDCBy: Val Brickates Kennedy, SA News Editor

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ProFrac Holding (PFHC) shares were trading slightly higher on Friday following the fracking company’s downsized $288M initial public offering.

Shares of PFHC opened at $17.60 before climbing. The stock recently changed hands at $18.56, up 2%, at approximately 11:45 a.m. ET.

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