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Airtasker (ASX:ART) share price sinks 17% after explosive IPO – The Motley Fool Australia
Successful IPOs have had the tendency to boom, bust and consolidate. Could this be happening with the Airtasker Ltd (ASX: ART) share price?
Home / Share Market News / Airtasker (ASX:ART) share price sinks 17% after explosive IPOAirtasker Ltd(ASX: ART) shares have finally taken a breather after briefly touching $1.965 today. The Airtasker share price had surged 202% from its listing price of 65 cents to hit the intraday high today.
However, the company’s shares have since been sold down and, at the time of writing, are trading 16.57% lower at $1.46.
How did the Airtasker share price surge 200% in just three days?
Initial public offerings…
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