Phoenix Tree goes below price range for $130m IPO

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Phoenix Tree goes below price range for $130m IPO

Jonathan Breen
January 20, 2020 07:15 AM
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J2AB4K The New york Stock Exchange on the Wall street in New York. | Alamy Stock Photo

Chinese co-living platform Phoenix Tree priced its US listing below the initial marketed range and reduced the size of its IPO, raising $129.6m. Its stock had a volatile start to trading last Friday.

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JP MorganCredit SuisseEquity IPOsEquityChinaAmericasCitiAsiaGreater ChinaNortheast AsiaAsia PacificUnited StatesEmerging MarketsNorth America
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Jonathan Breen
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