Deliveroo – Unclear Path To Profits Lowers Price Of Shares
Deliveroo’s shares have been priced at £3.90, giving the company a market capitalisation of £7.6bn.Q4 2020 hedge fund letters, conferences and more Conditional trading in Deliveroo shares began at 8am this morning.Unconditional trading, when the shares can then be held in an ISA or SIPP, is expected to begin on 7 April 2021.Last week, the company estimated a price range of between £3.90 and £4.60, but narrowed that to between £3.90 and £4.10 on Monday, due to ‘volatile’ market conditions.Client FAQs belowDeliveroo's Price Of Shares Isn't Quite As TastySophie Lund-Yates, Equity Analyst at Hargr...