Rediff soars 61% in first day trading on Nasdaq

In one of the most successful internet IPOs in weeks, Indian portal Rediff.com saw its American depositary receipts jump 61% in their first day of trading on Nasdaq.
June 15, 2000

Rediff.com, a popular Indian web portal, saw its stock jump 61% in its first day of trading on Nasdaq, a sparkling performance that's becoming increasingly rare for newly listed internet companies.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media