Cutting the Cake: Deliveroo Announces Intentions for IPO

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Deliveroo shares tumble on stock market debut

Deliveroo shares close well below their expected price after big investors' attitude to company soured.

www.bbc.co.uk

"Deliveroo shares have plummeted on its stock market debut after a number of major UK investors expressed concerns about its gig economy worker model...

Deliveroo's planned share sale had attracted much attention as it is one of the UK's biggest flotation since Glencore's in May 2011 and also the biggest technology platform float on the London Stock Exchange."