Back    Zoom +    Zoom -
<IPO>HERBS GROUP Dips Below Listing Price on 2nd Trading Day, Once Sinks 10%+ After Opening Higher
Recommend
30
Positive
44
Negative
39
On the second day of its listing, HERBS GROUP (02593.HK) opened 1.45% higher at $4.2 this morning (20th). After reaching a peak of $4.35 at one point in the early session, it was thrown into a slump and dipped below its listing price of $3.75. It once bottomed at $3.7 with a decline of 10.6%.

HERBS GROUP last printed at $3.79, down 8.45%, on a volume of 5.9788 million shares, involving $23.7785 million.

Related NewsM Stanley Upgrades HKEX (00388.HK) to Equalweight, Elevates TP to $310

AAStocks Financial News