Airtasker (ASX:ART) share price cools after explosive IPO

The Airtasker Ltd (ASX: ART) share price has cooled off significantly during the trading day. However, shares remain well above their initial listing price. Airtasker officially IPOed this morning after a false start this week and months of anticipation. The company had a listing price of just 65 cents, but opened this morning at $1.01 a share, meaning company insiders and investors were treated with a 55% win right off the bat.

At the time of writing, the Airtasker share price is currently sitting at $1.05, up 0.48%. 

Airtasker share price rockets

However, it wasn’t all smooth sailing for investors looking to get into this IPO after trading commences (which is almost all retail ASX investors).  Airtasker’s share price then…