Reported about 1 month ago
Rigaku Holdings Corp., backed by Carlyle Group Inc., saw its shares fall 10% on debut, closing at ¥1,130 after opening at ¥1,205, despite raising over ¥112 billion in its IPO. Analysts attribute the decline to volatility in the chip-related sector and weak market sentiment ahead of a general election, although there is potential for a re-evaluation if the semiconductor manufacturing outlook improves.
Source: YAHOO