The stock's first trade was at $24.14 at 12:02 p.m. The company sold 26.4 million shares, up from previous expectations of 22.0 million shares, to raise $660.0 million. The company said overnight that its upsized IPO priced at $25 a share, at the top of the recently raised expected range of between $23 and $25 a share. received a relatively poor reception on its Wall Street debut, as the North Carolina-based accounts payable automation software provider's stock opened 3.6% below its IPO price, then fell further. On the New York Mercantile Exchange, November natural gas traded at $5.408 per million British thermal units, down 9.7 cents, or 1.8%, in Wednesday dealings, but up more than 90% year to date, FactSet data show.ĪvidXchange stock stumbles out of the gate, opens below the IPO priceĪvidXchange Holdings Inc. Households that primarily use electricity to heat their homes will spend an average $1,268 this winter on electricity bills, up 6% from last winter, the EIA said, adding that nearly two-thirds of homes in the South heat primarily with electricity. Households that primarily use heating oil will spend an average $1,734, up 43% from last winter, the EIA said. The increase in natural gas expenditures 'comes from both higher expected prices and higher expected consumption,' the EIA said in its Winter Fuels Outlook report. Natural-gas futures have more than doubled so far this year, with an energy shortage in Europe and Asia contributing to tight supplies for the fuel. households that primarily use natural gas to heat their homes will likely spend an average of $746 this winter, which runs from October to March, up 30% from the amount they spent last winter. The Energy Information Administration on Wednesday forecast that U.S. household natural-gas heating costs to jump 30% this winter

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