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May 2 (Reuters) - Shares of ING U.S. Inc fell 1 percent in their New York Stock Exchange debut on Thursday.
Shares opened at $19.25 after the company, an affiliate of Dutch financial services company ING Groep NV, raised $1.3 billion in its initial public offering.
ING U.S. sold more shares than expected but at a lower price.
The company sold 65.2 million shares at $19.50. It had intended to sell 64.2 million shares in a range of $21 to $24 each. (Reporting by Olivia Oran; Editing by Gerald E. McCormick)