{"id":375731,"date":"2020-09-29T08:36:32","date_gmt":"2020-09-29T03:06:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=375731"},"modified":"2020-09-29T09:11:51","modified_gmt":"2020-09-29T03:41:51","slug":"siemens-energy-shares-recover-after-initial-slump-on-frankfurt-debut","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-energy-shares-recover-after-initial-slump-on-frankfurt-debut\/","title":{"rendered":"Siemens energy shares recover after initial slump on Frankfurt debut"},"content":{"rendered":"<p>Siemens Energy AG shares recovered after dipping as much as 13% on debut in Frankfurt, though the market value of the company whose technology is behind roughly one-sixth of the world\u2019s electricity remained below expectations. <\/p>\n<p>The shares were little changed at 11:45 a.m. in Frankfurt, hovering around the opening price of 22.01 euros. That represents a market capitalization of about 16 billion euros ($18.6 billion), compared with the 17 billion-euro net book value parent Siemens AG flagged ahead of the spinoff. <\/p>\n<p>Monday\u2019s listing is the latest step in the unwinding of Siemens &#8212; a German conglomerate making a vast array of goods that spans medical scanners, locomotives and gas turbines &#8212; into separate companies better suited to confront their own unique challenges.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siemens Energy AG shares recovered after dipping as much as 13% on debut in Frankfurt, though the market value of the company whose technology is behind roughly one-sixth of the world\u2019s electricity remained below expectations. The shares were little changed at 11:45 a.m. in Frankfurt, hovering around the opening price of 22.01 euros. That represents a market capitalization of about 16 billion euros ($18.6 billion), compared with the 17 billion-euro net book value parent Siemens AG flagged ahead of the spinoff. Monday\u2019s listing is the latest step in the unwinding of Siemens &#8212; a German conglomerate making a vast array [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-375731","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=375731"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/375731\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=375731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=375731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=375731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}