hGears stays above its IPO offer price

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hGears stays above its IPO offer price

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DW974N Trading floor of the Frankfurt Stock Exchange, Deutsche Borse AG, Frankfurt am Main, Hesse, Germany | Alamy Stock Photo

hGears, the German maker of precision gears for e-mobility, kept its head above water in trading on Friday after the company’s €173m IPO on the Frankfurt Stock Exchange, against extremely difficult market conditions.

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