Julia Fioretti / Bloomberg:

Crypto mining hardware retailer Phoenix's stock jumps 50%+ after raising ~$371M in an Abu Dhabi IPO; the city's largest conglomerate took a 10% stake in October  —  - Shares close up 35% after rising as much as 51% in early trade  — The IPO drew orders worth $12 billion, 33 times oversubscribed

Julia Fioretti / Bloomberg:

Crypto mining hardware retailer Phoenix's stock jumps 50%+ after raising ~$371M in an Abu Dhabi IPO; the city's largest conglomerate took a 10% stake in October  —  - Shares close up 35% after rising as much as 51% in early trade  — The IPO drew orders worth $12 billion, 33 times oversubscribed

Source: TechMeme
Source Link: http://www.techmeme.com/231205/p10#a231205p10