Allegro prices historic IPO but some investors left short of stock

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Allegro prices historic IPO but some investors left short of stock

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Ryazan, Russia - April 16, 2018 - Homepage of Allegro website on the display of PC, url - allegro.pl | Sharaf Maksumov/sharafmaksumov - stock.adobe.com

Polish e-commerce firm Allegro has priced its historic IPO on the Warsaw Stock Exchange, the largest in its history, to become the most valuable listed Polish company. However, high demand for stock has meant that a substantial slice of investors in the IPO got no shares at all in allocations.

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