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Shannon Vavra Jan 27, 2017
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Energy IPO shortfall alert

Jagged Peak Energy fell short of its IPO goal, a source told Reuters. It priced 31.6 million shares at $15 instead of the target range of $16 to $18.

Why this matters: Those hopeful that energy IPOs would thrive this year after OPEC cuts and Trump reregulation promises will pay close attention to this miss.