Shadowfax Technologies IPO listing disappoints; shares debut at 9% discount
We saw one of the most-watched IPOs of early 2026, Shadowfax Technologies’ IPO, make its market debut on January 28, 2026. But instead of a big listing gain, shares opened sharply lower. On the first day of trading, the stock listed about 9% below its issue price. That left many investors and market watchers surprised. This disappointing start contrasts with earlier optimism around the logistics and tech‑enabled delivery company.
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