United States New York Times on May 5, netqin Mobile Security Enterprise company successful today in the New York Stock Exchange listing, stock code NQ, by ordinary shares in issue price of $ 11.5 opened, subsequently fell below the issue price at one point fell below 10 dollars. At the end of netqin stocks listed after the ceremony, founder and CEO of netqin Y Sohu IT interview, responded on the first break for the first time, said the share price fluctuation of the moment was normal.
“Any company (stock) requires a process of increased prices, fluctuations of the moment are quite normal,” he said.
Netqin an unnamed Executive said the break may be subjected to retaliatory placing funds selling.
As dispatch, netqin stock price: US $ 9.66, than the issue price fell 16%.
Text/Sohu IT
Tags: break, downs, netqin, normal, response
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