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CDR - CD Projekt SA News Story

PLN256.2 0.0  0.0%

Last Trade - 15/01/21

Consumer Cyclicals
Large Cap
Market Cap £5.06bn
Enterprise Value £4.95bn
Revenue £129.7m
Position in Universe 8th / 779

BUZZ-Allegro: Takes it all in biggest Polish IPO in years

Mon 12th October, 2020 11:47am
(Updates with milestone, background)
    ** Shares in Poland's e-commerce firm Allegro  ALEP.WA  soar
57% in their market debut, the biggest IPO in Warsaw in ten
    ** Allegro jumped up to 69.2 zlotys compared to a 43 zlotys
issue price
    ** The stock is the most heavily traded one among Polish
equities, more than 36.5 million shares changed hands so far,
accounting for nearly half of the volume in Warsaw
    ** Its market capitalisation reached about 66.5 billion
zlotys ($17.57 billion) at opening, overtaking other blue chips
and representing nearly double the value of biggest Polish video
game producer CD Projekt  CDR.WA 
    ** Allegro is the most recognizable e-commerce brand in
Poland, with its website attracting 20 million visitors a month

($1 = 3.7841 zlotys)

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