Deliveroo Narrows Its IPO Target Range In ‘Volatile’ Trading Conditions
Last week Deliveroo set the range between £3.90 to £4.60 valuing the company at up to £8.8 billion.Today it narrowed the range to £3.90 and £4.10 valuing the company at up to £7.85 billionQ4 2020 hedge fund letters, conferences and more Deliveroo Narrows Its IPO Target RangeSusannah Streeter, senior investment and markets analyst, Hargreaves Lansdown "By narrowing its IPO target range, Deliveroo is trying to make sure it doesn’t hit a bump in the road as it begins its journey on the stock market. It's likely initial orders for the IPO have come in nearer the bottom of the target range, and by ...