Stadler Rail rises in trading after Sfr1.33bn IPO

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Stadler Rail rises in trading after Sfr1.33bn IPO

Stadler_Rail_factory_alamy_230X150
CRPX41 Railcar manufacturing with Stadler GmbH, a subsidiary of Stadler Rail Group, Switzerland | Alamy Stock Photo

Shares in Stadler Rail, the Swiss maker of rolling stock, gained as much as 12.9% in trading on Friday after it priced its Sfr1.33bn IPO at a discount to its Swiss industrial peers.

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