Deliveroo – Customer Investors Eye Their ‘Get Out Of Jail Card’
“Deliveroo Holdings PLC (LON:ROO) customers who were encouraged to buy a slice of the company threw the dice on a disastrous debut. Like a fateful round of Monopoly they have been locked out of selling their shares for a week, while the company’s initial valuation fell sharply. Now they finally have eyes on a ‘get out of jail’ card, but it will come at a cost. They can sell when trading begins on Wednesday, but shares are around 28% below the IPO price.* Q1 2021 hedge fund letters, conferences and more Deliveroo Share Price PlungeUnder the terms of the offer, institutional investors were able ...