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Lyntris Shares Plunge 11% After Downsized IPO Debut
Defense-tech firm Lyntris saw its shares plunge 11% in its New York debut, valuing the company at $1.8 billion. The decline followed a smaller-than-planned initial public offering, which raised $297.5 million.
19 Aug, 15:35 — 19 Aug, 15:38
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bloombergHigh1h ago
Defense-Tech Firm Lyntris Shares Plunge 11% After Downsized IPO
Lyntris Inc. shares fell 11% in its trading debut, after the company and some of its shareholders raised $297.5 million in a downsized initial public offering.
By Arvelisse Bonilla Ramos
Read full article →YahooMostly Factual1h ago
Lyntris valued at $1.8 billion after shares fall in New York debut
Read full article →Coverage Timeline
First report: bloomberg · 19 Aug, 15:35|Full coverage: 3 · 32m|Window: 32m
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