Applied Aerospace & Defense made its stock market debut on Wednesday. The company's shares opened higher than their offer price. This debut valued the firm at over three billion dollars. It also marks the start of a busy week for new stock listings. Several other companies are also set to go public this week.

Applied Aerospace & Defense, Inc. Prices Initial Public Offering

Applied Aerospace & Defense raised $650M in its NYSE IPO, pricing at $20 a share for a $3.4bn valuation after a ten-times-oversubscribed book.

Applied Aerospace & Defense made its stock market debut on Wednesday. The company's shares opened higher than their offer price. This debut valued the firm at over three billion…

Applied Aerospace & Defense, with roots dating back to 1900, debuted on NYSE as AADX.

The Huntsville, Alabama-based space and defense manufacturer priced 32.5 million shares at $20 each, within its marketed range