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Analysis: Deliveroo's IPO Slump Casts Doubt Over London's Post-Brexit Ambitions

Analysis: Deliveroo s IPO slump casts doubt over London s post-Brexit ambitions
Abhinav Ramnarayan
,
By Abhinav Ramnarayan and Anna Irrera
LONDON (Reuters) - Deliveroo s share price plunge on its London stock market debut has put a question mark over Britain s ambitions to become a home for fast-growing tech companies following its departure from the European Union, investors and analysts say.
Shares in the food delivery company slumped as much as 30% on Wednesday in one of the biggest first day falls for a stock in London. They were down another 2.2% on Thursday.
Many of the reasons for the brutal decline are likely to be company-specific, according to a dozen interviews by Reuters of venture capital (VC) investors, bankers, analysts and tech executives. ....

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Analysis: Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions

Analysis: Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Analysis: Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions

Analysis: Deliveroo's IPO slump casts doubt over London's post-Brexit ambitions
channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.

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Deliveroo dives 30% as debut of the decade turns torrid - Netscape Money & Business

Deliveroo dives 30% as debut of the decade turns torrid - Netscape Money & Business
netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.

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Amazon-backed Deliveroo shares dive 30% as debut of the decade turns torrid

Amazon-backed Deliveroo shares dive 30% as debut of the decade turns torrid
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

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