On its opening day, Emerald Expositions stock slowly rises.
Emerald Expositions started trading on the New York Stock Friday morning, with an opening price higher than expected.
Stock in the trade show company opened at $18.70, 10 percent higher than its anticipated opening price. Around noon Mountain Time, shares were up slightly at $19.31.
Emerald Expositions, owner of Outdoor Retailer, Interbike, Surf Expo, and dozens of other trade shows across multiple categories, filed its notice of an initial public offering about a month ago.
In documents filed with the Securities and Exchange Commission, Emerald noted that it sees opportunities for growth in the international market; it has not yet hosted or acquired an international show, but stated that it sees potential for such endeavors.
Emerald Expositions is trading with the ticker symbol EEX.