Deliveroo rises as retail investors join trading; riders plan strike By Reuters
By Julien Ponthus and Abhinav Ramnarayan LONDON (Reuters) -Deliveroo shares rose on Wednesday, the first day retail investors could trade stock bought during the food delivery group's initial public offering (IPO), while some of the company's UK riders were expected to strike over fair pay. At 0924 GMT on the first day of unrestricted trading, Deliveroo's shares were up 2.3% at 286.4 pence, but still about 25% lower than the IPO price, following a hefty first day tumble when it made its stock market debut in London last week. Deliveroo was given an initial...
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