Squarespace valuation plunges to $6.5 billion in lacklustre debut

3 years ago
Anonymous $LNMzUc6XNz

https://www.reuters.com/article/us-squarespace-ipo/squarespace-valuation-plunges-to-6-5-billion-in-lacklustre-debut-idUSKCN2D0291

Squarespace Inc's valuation dropped by nearly a third in its debut on the New York Stock Exchange on Wednesday, after its shares opened 4% below their reference price amid a broader market sell-off.

Squarespace valuation plunges to $6.5 billion in lacklustre debut

May 19, 2021, 7:39pm UTC
https://www.reuters.com/article/us-squarespace-ipo/squarespace-valuation-plunges-to-6-5-billion-in-lacklustre-debut-idUSKCN2D0291 >Squarespace Inc's valuation dropped by nearly a third in its debut on the New York Stock Exchange on Wednesday, after its shares opened 4% below their reference price amid a broader market sell-off.