Swiggy's stock fell to $4.29 on February 6, below its $4.45 IPO price, after hitting $7.04 in December, as quarterly results showed Instamart lost marketshare (Manish Singh/TechCrunch)
Manish Singh / TechCrunch: Swiggy's stock fell to $4.29 on February 6, below its $4.45 IPO price, after hitting $7.04 in December, as quarterly results showed Instamart lost marketshare — Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses …
![Swiggy's stock fell to $4.29 on February 6, below its $4.45 IPO price, after hitting $7.04 in December, as quarterly results showed Instamart lost marketshare (Manish Singh/TechCrunch)](http://www.techmeme.com/250207/i8.jpg)
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Manish Singh / TechCrunch:
Swiggy's stock fell to $4.29 on February 6, below its $4.45 IPO price, after hitting $7.04 in December, as quarterly results showed Instamart lost marketshare — Indian food delivery company Swiggy's stock fell below both its IPO price and its last private valuation as mounting losses …