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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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