Aramco's tiny 1.5% share float was enough to drive the oil giant's value up by nearly $200 billion
In early trading Thursday, the oil giant’s share price on Saudi Arabia’s Tadawul exchange rose 8% to 38.15 riyals , giving the oil giant a market capitalization of $2 trillion. That was up from a $1.7 trillion valuation set during the company’s initial public offering, the world’s largest ever.
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