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Reading: Paytm IPO Investors Lose $900 Million in Two Days
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The Wall Street Publication > Blog > Markets > Paytm IPO Investors Lose $900 Million in Two Days
Markets

Paytm IPO Investors Lose $900 Million in Two Days

Editorial Board Published November 22, 2021
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Paytm IPO Investors Lose 0 Million in Two Days
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Shares in the owner of Indian financial technology giant Paytm tumbled for a second day, with the declines inflicting about $900 million in losses on investors that bought into the much-hyped initial public offering this month.

The stock of Paytm’s parent One97 Communications Ltd. closed Monday nearly 37% below its IPO price after suffering through more heavy selling pressure.

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