Exchange quotation for stock Criteo floats down

In the first few hours of its stock exchange listing, Criteo stood well above its issuance price for hours. Today, on day two, the decline has started. On Wednesday, Criteo went to the stock market, where the shares sold yielded $ 250 million. The opening price was set at $ 31, but the price on the Nasdaq was almost immediately above $ 42

In the first few hours of its stock exchange listing, Criteo stood well above its issuance price for hours. Today, on day two, the decline has started.

On Wednesday, Criteo went to the stock market, where the shares sold yielded $ 250 million. The opening price was set at $ 31, but the price on the Nasdaq was almost immediately above $ 42.

By the end of the day the price dropped to $ 38, with a final dip around $ 35.

This afternoon, shortly after opening of the US trade fairs, the price went up a little further to continue the whirling decline.

The company does not have to worry about the price development yet. The share is even more valuable than at the opening, where the price was already higher than previously planned.

French Criteo is a technology company that brings together advertisers and publishers on a platform where real time trading is done in available advertising space for advertisers.