Deliveroo shares dive 30% as London debut of the decade turns sour
April 1, 2021
Shares in Deliveroo plunged by as much as 30% in their trading debut on Wednesday, slicing more than 2 billion pounds off the company’s valuation in a blow to Britain’s ambitions to attract fast-growing tech companies to the London market.
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The food delivery firm could be valued at up to $10.85 billion in its stock market debut on March 31.
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