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Organic Juice Maker Suja Life Sinks 14% After $186.7 Million IPO

Bloomberg.com·Janet Freund·26 days ago
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Suja Life Inc. shares fell 14% in its trading debut on Thursday, after the initial public offering for the maker of organic cold-pressed juices and other nutritional beverages raised $186.7 million.

The company’s shares opened at $18 on Thursday in New York, below the IPO price of $21 apiece. The trading gives the company a market value of $695 million, based on the outstanding shares in its filings.

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