Home U.K Deliveroo IPO latest: Stock plunges 23% in 15 minutes after biggest London...

Deliveroo IPO latest: Stock plunges 23% in 15 minutes after biggest London float in decade

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The company, which was founded by Will Shu in 2013, launched the biggest London Stock Market float in a decade this morning.

Earlier this month it said it had hoped to be valued at around £7.6 billion when it was listed.

But its floatation went very wrong very quickly after shares fell by 23 percent within a quarter of a hour.

This is a breaking news story.

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