Renewable Energy Little Changed After IPO Prices Below Range
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Renewable Energy Group Inc., the biggest U.S. biodiesel maker, was little changed in its trading debut after raising $72 million in an initial public offering, less than first proposed.
The shares rose 1 percent to $10.10 at 4 p.m. New York time. The Ames, Iowa-based company, which turns ingredients including soybean oil into biodiesel for cars and trucks, sold