Mobikwik Shares Drop 8% as Lock In Ends

  Published 1 year ago

Mobikwik shares fall 8% as lock-in ends for 38M pre-listing shares; trading volumes surge 1.5x, YTD drop 58%.

  • Lock, in period ends for 38M shares, allowing pre-listing shareholders to sell, which could increase market volatility.
  • Trading volumes hit 1.8M shares, 1.5 times the 30-day average, reflecting heightened investor activity and market scrutiny.
  • Mobikwik's 58% YTD decline highlights investor concerns and uncertainty, despite the lock-in period's expiration.

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