Paytm’s 75% slump is world’s worst for large IPOs in a decade

The company, whose founder compared its challenges to those faced by Tesla Inc. shortly after the listing, has seen its stock erase 75% of its market value one year after its $2.4 billion offering, the largest on record at the time in India.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/paytm’s-75-slump-is-world’s-worst-for-large-iposa-decade_16752331.html