Deliveroo shares close down 26% on first day of trading

Deliveroo shares close down 26% on first day of trading
Deliveroo shares plunge on first day of trading (Niall Carson/PA)
Wed, 31 Mar, 2021 - 17:17
Henry Saker-Clark, PA City Reporter

Shares in Deliveroo closed down 26.3% on its first day of trading on the London Stock Exchange, having earlier seen falls of 30% during its highly-anticipated launch.

Around £2 billion was wiped off the value of the takeaway delivery firm as City traders balked at the flotation.

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