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Shares in newly christened Moneta Money Bank traded up 1.6% today, after its IPO on Friday that earned its former owner General Electric around $747m.
Moneta's shares traded up early on Monday from the IPO price of Ck68 a share to Ck69.9, before dropping to Ck68.9. By the end of trading, the price had settled at around Ck69.1.
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