Defense Parts Firm Arxis Shares Jump 36% After $1.13 Billion IPO

Arxis Inc. shares surged 36% in its trading debut, after the company raised $1.13 billion in an upsized initial public offering.

By Arvelisse Bonilla Ramos · Bloomberg Markets

Arxis Inc. shares surged 36% in its trading debut, after the company raised $1.13 billion in an upsized initial public offering.