A bitter aftertaste? Deliveroo IPO flop could deter growth stocks from listing in London

Why ESG issues matter a lot to investors

Lauren Mason
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Deliveroo's share price tumbled by more than 26% during its first day of trading last week
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Deliveroo's share price tumbled by more than 26% during its first day of trading last week

The heavily touted initial public offering (IPO) of food delivery firm Deliveroo and its subsequent flop has highlighted the risks of overlooking the 'S' in ESG when making investment decisions, according to several investment professionals, who warned the listing could deter growth stocks from listing in London.

The UK's IPO market had a very buoyant second half of the year in 2020 as investor sentiment recovered from historic lows, with 13 companies floating onto the AIM market compared to ten IPOs that launched...

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