(Reuters) -- Smithfield Foods was valued at $7.7 billion after its shares fell 3.2% on Tuesday, in a muted debut that might prompt other IPO candidates to tread cautiously.
The lukewarm reception to the largest U.S. pork processor's public offering, following closely on the heels of Venture Global's VG.Nunderwhelming debut last week, underscores investors' cautious approach to new listings.
