Page 48 - ALEF EDUCATION PR REPORT - JUNE 2024
P. 48

6/14/24, 10:36 AM                               Alef Education shares drop 13% on first day | AGBI
                      Alef Education shares



                      drop 13% on first day





                      By Matt Smith   June 12, 2024










































                       Shutterstock

                      50 million Alef shares changed hands, making it the most active stock on Abu Dhabi’s
                      bourse on Wednesday





                          Drop from AED1.35 to 1.18



                          IPO 39 times over-subscribed


                          150 million shares change hands






                      Shares in Alef Education fell 12.6 percent after the company’s Abu Dhabi
                      bourse debut on Wednesday.




      https://www.agbi.com/education/2024/06/alef-education-shares-drop-on-first-day/                               1/2
   43   44   45   46   47   48   49   50   51   52   53