- Singapore’s Mobile-Health Network Solutions listed in April
- The stock had climbed more than 580% in its first 10 days
The Singaporean telehealth provider Mobile-Health Network Solutions, once the top-performing US IPO this year, tumbled below its IPO price for the first time since its April public listing.
The stock plunged 85% Friday to close at $3.39 a share, below the company’s $4 IPO price. The movement triggered multiple volatility halts.
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