Polish Online Retailer Allegro Surges 63% in Market Debut
- More than $1 billion in Allegro shares traded on first day
- CEO sees jump fueled by index-driven demand as a surprise
Photographer: Bartek Sadowski/Bloomberg
This article is for subscribers only.
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.
Poland’s newest stock listing was a roaring success on its first day of trading, taking over as the biggest stock on the country’s main exchange and adding almost two-thirds in market value.