Australia's Airtasker surges 85% on second day of trade
24/03/2021 03:26
** Newly listed online labour-for-hire marketplace Airtasker
ART.AX climbs as much as 84.8% to A$1.94 on its second day as
a public company
** ART closed on Tuesday at A$1.05, up ~62% on its IPO price
of A$0.65
** At Wednesday's high, ART would be valued at A$762.2 mln
($579.12 mln)
** Last up 66.7% to A$1.75 on Wednesday
** ART's listing was delayed by a day to Tuesday after an
error by the bourse operator ASX Ltd ASX.AX urn:newsml:reuters.com:*:nL4N2LK21U
** Around 83.3 mln shares of ART changed hands so far on
Wednesday, vs 57.7 mln on Tuesday
** ART connects customers to experts for a range of common
tasks from cleaning to gardening
($1 = 1.3161 Australian dollars)
(Reporting by Nikhil Kurian Nainan)
((NikhilKurian.Nainan@thomsonreuters.com; Twitter:
@NikhilKurianN))