Deliveroo shares slump on stock market debut

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

An estimated 70,000 retail investors see value of their investments fall as takeaway food firm’s IPO ‘falls flat on its face’

– the share price fell by as much as 30% before recovering slightly to a 23% deficit by mid-morning, at around 300p.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 84. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'Flopperoo'? Wow. That is awful. Deloseroo, Derisoroo ... Jeez man take your pick

Play with fire and your going to get burnt big time

Utter joke stock. Will NEVER make a profit. DUMP Deliveroo

Even Uber Eats loses money, some of these gig economy shares are best avoided.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Deliveroo shares flop on much-anticipated London stock market debutShares in Deliveroo have slumped by as much as 30% as the takeaway delivery company made its highly-anticipated stock market debut
Source: SkyNews - 🏆 35. / 67 Read more »

Why have Deliveroo shares tanked on their stock market debut?A lack of profits, questionable governance and poor treatment of riders have all been identified as factors behind Deliveroo’s calamitous first day of trading. But which was most responsible? Ben Chu investigates
Source: The Independent - 🏆 80. / 59 Read more »

Darktrace shares soar by 40% on London stock market debutBritish cybersecurity firm’s market value driven up from £1.7bn to almost £2.4bn
Source: The Guardian - 🏆 84. / 53 Read more »

Why the wheels came off Deliveroo’s overheated stock market flotationControversial share structures, employment conditions and ambitious valuations made the delivery company’s listing a flop. But all may not be lost… 95% only bad news( deliveroops Interesting to see Flopperoo has put £112,000,000 aside to defend against those employed to do the actual delivery being classified as employees. Technofeudalism needs new measures to end it.
Source: The Guardian - 🏆 84. / 53 Read more »