Market debut IPO: Kuniko
Kuniko (ASX:KNI) has debuted on the Australian stock exchange today.
Following its debut, shares of Kuniko rose 325% to 85c/share.
An increase in listing price is a vote of confidence from the market about the future prospects of the company.
A decrease in the listing price can be interpreted in a number of ways, including whether the IPO was accurately priced.
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