NEW YORK, Dec 15 (Reuters) - Shares of Wells Fargo rose 2.9 percent to $26.23 as it started trading on the New York Stock Exchange almost 50 minutes after the opening bell on Tuesday.
The bank announced earlier on Tuesday it sold $10.65 billion in stock, raising funds to help repay a $25 billion bailout received from the U.S. government last year. For details see.
The New York Stock Exchange had no immediate comment on the stock's delay.
(Editing by Theodore d'Afflisio) Keywords: STOCKS WELLSFARGO (rodrigo.campos@thomsonreuters.com; + 1 646-223-6344; Reuters Messaging: rodrigo.campos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
The bank announced earlier on Tuesday it sold $10.65 billion in stock, raising funds to help repay a $25 billion bailout received from the U.S. government last year. For details see.
The New York Stock Exchange had no immediate comment on the stock's delay.
(Editing by Theodore d'Afflisio) Keywords: STOCKS WELLSFARGO (rodrigo.campos@thomsonreuters.com; + 1 646-223-6344; Reuters Messaging: rodrigo.campos.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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