Deliveroo’s Dreadful First Year Ranks Among Worst IPOs in London
- Shares were hit as countries started to emerge from lockdowns
- Other ‘growth’ stocks have also sunk below IPO price
A Deliveroo courier in the Soho district of London, U.K.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
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One year on from its disastrous debut, Deliveroo Plc’s sustained slide has put it among the U.K.’s worst major initial public offering flops on record.