Wednesday, December 11, 2019

Saudi ARAMCO Begins Trading as the World's Largest Publicly Traded Company - Watch for Oil Prices to be Trending Upward

At nearly twice the size of Apple at US$1.9T (yes, trillion, with a "t") and Saudi pride on the line, look for all factors that can be managed (not only the lack of credible stock exchanges to traded but also oil prices). 

Up 10% on the first day, this will need to be a successful IPO for the many involved. 

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