IONOS tests Europe's appetite for IPOs
STORY: German web hosting firm IONOS made its market debut in Frankfurt on Wednesday (February 8).
It’s Europe’s biggest IPO since Porsche last September, and a big test of investor appetite.
The early signs were mixed.
IONOS shares soon slipped below their opening price.
They were changing hands at around 18 euros - or a little over $19.
That was about half a euro down.
CEO Achim Weiss said the fall was no concern:
"I'm here to take the company forward because the market sets the price and I'm confident that the price will reach the right level over the long term."
The dip comes despite the offering being over-subscribed multiple times.
Analysts say that suggests markets may be opening up to new entrants.
Underwriters for the deal may now issue more shares to meet demand.
IONOS competes with U.S. rivals like GoDaddy.
The share sale gave it a market capitalisation of around $2.8 billion.
相關影片推薦
- 1:47誰替吳秉叡代投票? 葉元之公布影片:疑似楊曜|#鏡新聞鏡新聞50,159 次觀看・16 小時前
- 1:47不鏽鋼管廠第三代開2千萬法拉利 國道自撞爆胎東森新聞影音16,395 次觀看・15 小時前
- 1:41又有「都更孤島」! 萬華透天厝將被大樓包夾東森新聞影音8,203 次觀看・1 天前
- 2:21全球最年輕貨幣辛巴威「ZiG」曾一條麵包5億元 盼新幣解決通膨危機Yahoo奇摩(國際通)36,566 次觀看・14 小時前
- 2:09追到加拿大! 美鷹會.華青幫聯手追債貴婦奈奈華視影音80,254 次觀看・17 小時前
- 1:35殯葬大亨董娘出車禍 家屬控肇事者毒駕惹禍|#鏡新聞鏡新聞49,443 次觀看・10 小時前
- 1:57貓貓誤入退貨包裹 遭寄回數百英里「亞馬遜倉庫」六天沒吃沒喝幸脫困Yahoo奇摩(國際通)1,811 次觀看・14 小時前
- 6:29精華|哪些星座E人最多?射手不負眾望奪冠啦~唐綺陽談星室21,571 次觀看・2 天前
- 1:4131歲接家業! 殷琪婚姻兩度觸礁又未婚生子民視影音548,961 次觀看・2 天前
- 00940該越跌越買?高勝率ETF投資組合這樣買進擊的荷包74,963 次觀看・1 週前