Shares of Deliveroo Holdings traded down 19% in their debut on the London Stock Exchange on Wednesday. After pricing at 390 pence, the lower end of an expected price range, shares dropped to 313 pence in early trading, hitting as low as 271 pence. The Amazon (AMZN) -backed online food delivery service raised GBP1.5 billion ($2 billion) with that IPO (), one of the city's biggest public listings in years.
-Barbara Kollmeyer; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
March 31, 2021 03:48 ET (07:48 GMT)
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