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Japanese satellite imagery startup iQPS surges 82% in Tokyo debut
![IndiaTimes]()
Wednesday, 6 December 2023
Shares of the Institute for Q-shu Pioneers of Space (iQPS) experienced an 82% surge during their Tokyo growth-market introduction on Wednesday, subsequent to the satellite imagery startup's successful initial public offering (IPO), which garnered 3.48 billion yen ($23.7 million). Commencing trading at 860 yen, the stock encountered a nearly-five-hour delay due to an overwhelming influx of buy orders. However, it subsequently faced substantial selling pressure, concluding the session at the daily limit low of 710 yen.
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Wednesday, 6 December 2023
