Shares Soars On Debut As Ceo Predicts Sturdy Growth

On Wednesday, it placed almost 19 million new shares and 15 million existing shares on the Frankfurt Stock Exchange at $25.50 a share.
Online food takeaway company Delivery Hero appeared to whet investors’ appetite on Friday as its shares surged higher on the company’s stock market debut.
They stick with us for years and years and years and order more and more frequently and I think that’s what investors really like.
The company’s shares rose over 3 percent shortly after Friday’s opening bell.
The loss-making German firm is set to trade at a premium in comparison to its peers, a move which had split opinion among analysts assessing its profitability.

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