On the third day of trading, Whoosh shares fell more than 25%
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Shares of the Russian scooter rental service Whoosh on the third day of trading after the IPO on the Moscow Exchange fell by more than 25%. This is evidenced by the data on site Moscow Exchange.
As of 17:54 Moscow time, the company’s shares lost 25.82%, the value of the security fell to 135.6 rubles. As of 18:40, Woosh shares are trading at 160 rubles. per paper, declining by 12.74%. By the close, they again intensified the fall – up to 15.21% (155 rubles).
Whoosh is the first Russian company to go public after the start of Russia’s military operation in Ukraine. In company reportedthat according to the results of the first public offering, which took place on December 14, the service attracted 2.1 billion rubles through an additional issue of shares. On the first day after the IPO, the shares traded on the Moscow Exchange not lower than the placement price (185 rubles).
About how experts assess Whoosh’s ability to attract investments – in the material “Kicksharing is public”.
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