(Reuters) -NIQ Global’s shares fell 3.6% in their NYSE debut on Wednesday, giving the Advent-backed consumer insights company a valuation of $6.1 billion.
The lukewarm reception marks a setback in an otherwise strong run for IPOs as solid equity markets and upbeat debuts had encouraged investors to look past tariff-related volatility.
NIQ’s stock opened at $20.25 per share, compared with the IPO price of $21 per share.
(Reporting by Niket Nishant in Bengaluru; Editing by Pooja Desai)
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