Half of this year’s big IPOs are trading below listing price
Hudson Lockett, Tabby Kinder and Stephen Morris
Hong Kong/London | Half the companies that raised more than $US1 billion ($1.4 billion) at initial public offerings this year are trading below their listing price, despite robust stock markets around the world.
The busted IPOs include some of the best-known names to list, such as UK food delivery app Deliveroo, alternative food manufacturer Oatly and Indian payments giant Paytm.
Financial Times
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