Pipeline in peril as Deliveroo disaster wrecks market for IPO hopefuls

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Pipeline in peril as Deliveroo disaster wrecks market for IPO hopefuls

Sam Kerr
March 31, 2021 01:00 pm
Deliveroo_app_screen_black_575x375_Alamy_March31_2021.jpg
KCJJC3 A close-up shot of the company logo representing the Deliveroo app icon, as seen on the screen of a smart phone (Editorial use only) | Alamy Stock Photo

The IPO market looked on in despair on Wednesday as Deliveroo, the UK food delivery company, began trading. The stock fell more than 20% in early trading and shell-shocked bankers fear that IPOs planned for after Easter may have to be put on hold. Sam Kerr reports.

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