Deezer shares plunge as French rival to Spotify makes market debut
The Star Online - Tech·2022-07-05 19:00
PARIS (Reuters) -French music streaming platform Deezer failed to attract much investor interest for its Paris market debut seven years after its first flotation was aborted, with its shares dropping sharply in early dealing on Tuesday.
Deezer, whose larger rivals include Spotify, was down 27.15% at 0947 GMT at 6.00 euros per share, after opening at 8.50 euros.
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