Shares of metals producer Noranda Aluminum Holding Corp. are rising in their debut on the New York Stock Exchange.
The stock is up 15 cents in morning trading Friday to $8.15. Shares have traded as low as $8.11 and as high as $8.60.
Noranda Aluminum Holding priced its initial public offering of 10 million shares at $8 on Friday after slashing its offer size a day before.
The Franklin, Tenn., company said Monday it hoped to sell 16.7 million shares for $14 to $16 each.
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