Paytm shares dropped ~13% after a 27% first-day fall after its $2.5B IPO, cutting its market value to ~$12B, in one of the worst debuts by a major tech company (Bloomberg)
Paytm shares dropped ~13% after a 27% first-day fall after its $2.5B IPO, cutting its market value to ~$12B, in one of the worst debuts by a major tech company (Bloomberg) https://bit.ly/30PcmEo
Paytm shares dropped ~13% after a 27% first-day fall after its $2.5B IPO, cutting its market value to ~$12B, in one of the worst debuts by a major tech company — - Founder Sharma draws comparison to early struggles of Tesla — Critics had questioned the company's valuation based on losses
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