Ghana news briefing
Chinese chipmaker shares surge nearly 470% in blockbuster stock market debut
By GhanaSummary Newsroom1 min read
The shares surged as much as 17% on Friday in their first day of trading on the Nasdaq but have since given up some of that gain."The reason for the extraordinary bounce this morning is that only 7% of the shares are available for trading," Anna Macdonald, investment strategy director at Hargreaves Lansdown told the BBC's Today programme.
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