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 Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

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