South Korea's Elice plunges 30% in market debut as data centre stocks shunned Reuters
South Korea's Elice plunges 30% in market debut as data centre stocks shunned - Reuters
In short
South Korea's tech company Elice experienced a 30% drop in its IPO, indicating a shift in investor preference towards data center stocks over traditional tech companies.
Key points
- Elice's stock fell 30% in its IPO debut.: Elice's stock fell 30% in its IPO debut.
- Investors' preference for data center stocks over traditional tech companies.: Investors' preference for data center stocks over traditional tech companies.