Georgia Banking Co. Shares Trade at $40.15 After Opening at $60
Shares traded at $40.15 after opening at $60 in the company's Nasdaq debut via direct listing. Its prospectus said stockholders would sell up to 7.07 million shares.
By Josh BeckermanShares of Georgia Banking Co. Inc. recently traded at $40.15 after opening at $60 in their Nasdaq debut after a direct listing.The company said in its prospectus that stockholders would sell up to 7.07 million shares.The Atlanta-based company's bank unit Georgia Banking Co. had tot…