MegaFon Declines in First Day of Trading After $1.7 Billion IPO

MegaFon Declines in First Day of Trading After $1.7 Billion IPO

Simon Dawson/Bloomberg

Chairman of the London Stock Exchange Group Plc Christopher Gibson-Smith, second left, and OAO MegaFon Chief Executive Officer Ivan Tavrin, third right, applaud during the company's initial public offering launch at the London Stock Exchange Group Plc's headquarters in London.