Ron Burgundy Posted October 2, 2014 Share Posted October 2, 2014 By Arno Schuetze and Harro Ten Wolde FRANKFURT (Reuters) - Shares in Rocket Internet plunged 14 percent within minutes of their stock market debut in Frankfurt on Thursday as investors gave Europe's largest internet listing since 2000 a cold welcome. Global e-commerce investor Rocket had sold shares at the top of its price range and brought forward the debut by a week, citing exceptional investor demand. The shares started trading at the offer price of 42.50, giving the firm a market value of 6.7 billion euros ($8.5 billion), but fell to 36.66 euros after a few minutes. ... View the full article Quote Link to comment Share on other sites More sharing options...
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