First blow for the Silex stock rocket

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First blow for the Silex stock rocket
Photo: Fredrik Sandberg/TT

When the stock market's tickers stopped on Tuesday, Silex's share had lost 34.6 percent of its value. It had suddenly collapsed after three trading days in the sun.

But Tuesday's closing price – SEK 203.5 – is still far above the subscription price before the IPO, which was SEK 81.

At the same time, the share has traded as high as around SEK 360 in the four days it has been traded, so the price movements have been extreme.

Silex has its headquarters and production facility in Järfälla northwest of Stockholm.

The company's largest owner is the Swedish venture capital firm Bure.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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