Power Equipment Firm Innio Rises 23% After $2.43 Billion IPO

Olaf Berlien, president and chief executive officer of Innio Holding, center, rings the opening bell during the company's initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, June 4, 2026. Gas engine manufacturer Innio Holding GmbH's biggest shareholders raised $2.43 billion in an upsized initial public offering that priced at the top of the range.