Comment on Rocket Internet IPO takes off, then plunges 10% as Germany weeps

Rocket Internet IPO takes off, then plunges 10% as Germany weeps

Image Credit: Matt Biddulph/FlickrA week that started with such high hopes for German IPOs is getting a cold dash of reality. Germany’s Rocket Internet held its IPO on Thursday and immediately saw its stock drop 10% in a long-awaited offering that could have big implications for the European tech scene.

 

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