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November IPO priceTechCrunch
•Business
Business & Economics
78% Informative
Indian food delivery company Swiggy ’s stock fell below both its IPO price and its last private valuation of $10.7 billion in 2022 .
The stock fell as low as 374.80 ($ 4.29 ) on Thursday below its November IPO price of 390 , squeezing its market cap to $9.75 billion .
The market share declines came despite efforts to ramp up store expansion and marketing spending.
VR Score
86
Informative language
88
Neutral language
90
Article tone
semi-formal
Language
English
Language complexity
46
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
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