Poor liquidity hurts Sanlorenzo’s €194m IPO

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Poor liquidity hurts Sanlorenzo’s €194m IPO

Aidan Gregory
December 12, 2019 04:00 pm
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Monte Carlo, Monaco - September 26, 2018: Monaco Yacht Show Atmosphere. Yachts, Yachten, Boot, Boote, Ship, Ships, Superyacht, Superyachts, Sea, Meer, Mare, | Mandoga Media/SIPA USA/PA Images

Italian superyacht maker Sanlorenzo was buoyant in trading on Tuesday after the company made its debut on the Borsa Italiana. However, the stock was under water by the close on Thursday, on very thin trading volumes.

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Topics

ItalyEquity IPOsIntesa SanpaoloEquityBank of AmericaEuropeUniCreditEMEA
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Aidan Gregory
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