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Arts and crafts retailer Joann shares up 4.6% in trading debut

Ciara Linnane
Arts and crafts retailer Joann shares up 4.6% in trading debut
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Shares of arts and crafts retailer Joann Inc. rose 4.6% Friday in their trading debut, after the company's initial public offering priced below range. Joann sold 10.9 million shares to raise $130.8 million. The stock is trading on Nasdaq, under the ticker "JOAN."