:max_bytes(150000):strip_icc()/GettyImages-2202853217-d333f811fe344d87ab2fea29fd62b0ba.jpg "JBS NYSE Listing: Brazilian Meatpacking IPO")
JBS NYSE Listing: Brazilian Meatpacking IPO
- After years of navigating regulatory hurdles, shares of JBS, the world's largest meatpacker, began trading on the New York Stock Exchange (NYSE) Friday.
- The shares opened at $13.65 and closed at $13.87,after peaking at $14.58 earlier in the trading session.
- American meat producers and environmental groups voiced concerns regarding corruption settlements, allegations of Amazon deforestation, and the company's expanding market share in the United States.
JBS, the world’s largest meatpacker, debuted on the NYSE, navigating years of hurdles to achieve it’s listing. The primary_keyword, “JBS stock,” saw a slight increase on its first day of trading, closing at $13.87. With a reported $77.18 billion in revenue for 2024, the Brazilian company’s IPO faced challenges, including concerns from American meat producers and environmental groups related to past controversies. News Directory 3 brings you the latest on this developing story. Examine the company’s path to the NYSE, exploring market share expansion and environmental considerations. Discover what’s next for JBS as it aims to expand its global operations.
JBS Stock Makes NYSE Debut After years of Obstacles
Updated June 16, 2025
After years of navigating regulatory hurdles, shares of JBS, the world’s largest meatpacker, began trading on the New York Stock Exchange (NYSE) Friday. The Brazilian company’s stock, listed under the ticker symbol “JBS,” experienced a modest gain on its first day.
The shares opened at $13.65 and closed at $13.87,after peaking at $14.58 earlier in the trading session. JBS shares are also listed on Brazil’s B3 exchange. the company, which owns a majority stake in U.S. poultry producer Pilgrim’s Pride, reported $77.18 billion in revenue and $1.96 billion in net income for 2024, according to its April filing with the Securities and Exchange Commission (SEC).
JBS’s path to the NYSE was not without opposition. American meat producers and environmental groups voiced concerns regarding corruption settlements, allegations of Amazon deforestation, and the company’s expanding market share in the United States.
What’s next
Despite past controversies, JBS’s accomplished listing on the NYSE marks a notable step for the company. The company will likely continue to focus on expanding its global operations and addressing environmental concerns.