Shares of Deliveroo (LSE: ROO) fell 30% in a spectacular fashion on Wednesday in the stock market debut in London. Fundamental analysis: Disappointing IPO Deliveroo hit a valuation of 7.6 billion pounds ($10.46 billion) after the company priced its shares at 390 pence apiece, which is lower than analysts’ estimates. Numerous British fund managers, including […]
Full ArticleShould I still buy Deliveroo shares after a 30% drop on market debut?
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Today, in its eagerly-anticipated market debut, food delivery company Deliveroo listed on the London Stock Exchange via an IPO, and..