Lytus Technologies shares sink days after going public

Lytus Technologies Holdings PTV

28/06/2022 19:20

** Indian platform services company Lytus Technologies
Holdings' U.S.-listed shares  LYT.O  fall 84.2% to $7.41
    ** Trading in stock halted multiple times on Tuesday morning
due to volatility
    ** More than 16.64 mln shares traded, nearly 10,000% their
average volume since it went public on June 15
    ** LYT rose 17.5% to highest since going public of $47 on
Monday
    ** Co went public on June 15 at IPO price of $4.75
    ** Shares, which top trending list on Stocktwits on Tuesday,
have gained nearly 900% over IPO price up to last close

 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com; https://twitter.com/hoodieonveshti;))