HBX Group Shares Decline in Spain After €748 Million IPO

Reported about 6 hours ago

Shares of HBX Group International Plc, a Spanish travel technology firm, fell by 4.3% during their debut on Thursday, marking a shaky start for Europe’s largest IPO of the year, which raised €748 million. Despite strong investor interest with nearly five times the shares ordered compared to availability, the stock closed at €11.00. The debut indicates the potential trajectory of European IPO activity following last year's significant volumes.

Source: YAHOO

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