TeamViewer prices IPO but political volatility dents debut

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TeamViewer prices IPO but political volatility dents debut

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C7CC2B The Frankfurt Stock Exchange, Germany. Photo:Jeff Gilbert | Alamy Stock Photo

TeamViewer, the German remote access software company, has begun trading in Frankfurt after pricing its €2.3bn IPO. But the stock price suffered on its debut as global markets were battered by political volatility, after US Democrats began an impeachment inquiry against president Donald Trump, and the UK Supreme Court ruled prime minister Boris Johnson had broken the law.

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