Night Vision Systems Firm Theon Slips on Trading Debut
- Theon International’s public offering priced at €10 a share
- Listing breaks Amsterdam’s near two-year IPO drought
This article is for subscribers only.
Night vision and thermal imaging systems maker Theon International Plc saw its shares slip on its Amsterdam debut, in the first listing in the Dutch city in nearly two years.
The Athens-headquartered firm’s stock erased an earlier gain to edge down 0.8% to €9.93, compared with the IPO price of €10 which was the bottom of the marketed range.