UPDATE 6-Fiat Chrysler's Wall Street debut draws muted response

lunes 13 de octubre de 2014 17:10 GYT

* FCA closes at $8.92 in New York, up 2.5 percent from predecessor's Friday close

* Wall Street debut comes as U.S. car sales growth seen slowing

* CEO Marchionne says company may issue debt offering (Adds Breakingviews link)

By Agnieszka Flak and Jeffrey Dastin

MILAN/NEW YORK, Oct 13 (Reuters) - Investors cautiously greeted the Wall Street debut on Monday of Fiat Chrysler Automobiles (FCA) , a move that shifts the carmaker's center of gravity away from Italy and caps a decade of canny dealmaking and tough restructuring by Chief Executive Sergio Marchionne.

"We're finally taking Chrysler back" to the U.S. stock market, Marchionne said Monday on the floor of the New York Stock Exchange. "One of the Detroit Three is coming home."

Investors in the United States and Europe approached the new listing gingerly, as analysts expressed reservations about the company's prospects.

FCA shares opened at $9.00 in New York and rose as high as $9.55 before closing at $8.92, up 2.5 percent from a Friday close of $8.70 for the predecessor company Fiat SpA. In Milan, where FCA will keep a secondary listing, shares rose more than 4 percent during the session and closed up 1.2 percent.

Trading was muted, with about 5.8 million shares changing hands on the NYSE.   Continuación...