New Delhi, Jan. 9 -- E-commerce firm Meesho saw its shares rebound 5% to the day's high of Rs.173 apiece on the NSE during Friday's session, January 9, following a three-day sell-off, during which the stock had lost a cumulative 10%, signalling buying interest at lower levels.
The recent decline in Meesho stock appears to have been triggered by the expiration of the one-month lock-in period for pre-IPO investors, which increased the supply of shares in the secondary market, coupled with new disclosures regarding senior management changes.
The one-month lock-in period for pre-IPO investors, who had invested in the company before its public offer in December 2025, ended on Wednesday, reportedly freeing 109.9 million equity shares, or 2% o...
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