Business
The Airtasker (ASX:ART) share price finished 77% higher in March
The Airtasker Ltd (ASX: ART) share price finished March 77% higher than its listing price of 65 cents per share. But there’s more to this than meets the eye.
Let’s take a closer look at what is going on with the Airtasker share price.
Short-lived hype for the Airtasker share price?
Airtasker made its ASX debut last Thursday where its shares opened 55% higher at $1.01.
Its shares would surge as high as $1.965 the next day, before a $1.750 close. It took just two days for its shares to rally almost 170% higher than its listing price.
However, it took just two days for the Airtasker share price to lose momentum and come crashing back to earth.
From its Friday close of $1.750, its shares would slump 36% to finish March at…
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