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Zomato drops 14% to record low as lock-in period ends
Posted on 25th Jul, 2022 05:33 AM
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Shares of food delivery firm Zomato dropped as much as 14.3% on Monday to a record low after the end of the lock-in period for investors who had stakes in the company prior to the initial public offering. The stock dropped to as low as 46.15 rupees ashare, giving the company a market cap of [&helli…