bausch  lomb corps stock blco debuted friday with a slight gain which helped justify the disappointing pricing overnight of the lenses and medical devices makers initial public offering the company said late thursday that its ipo priced at 18 a share which was well below the expected range of between 21 and 24 as the company raised 630 million the stocks first trade on the nyse on friday was at 1850 at 1202 pm eastern for 22 million shares at that price the company was being valued at about 648 billion the stock has edged higher since then to be up 47 at 1885 in recent trading the company went public at a time of relative disdain for ipos and a tough market environment with the renaissance ipo etf ipo having plunged 433 year to date while the sp 500 spx has tumbled 133