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Driver safety tech developer SaverOne 2014 stock dives 37% following $13M IPO

Jun. 03, 2022 12:45 PM ETSVREBy: Val Brickates Kennedy, SA News Editor

Initial public offering hologram, night panoramic city view of Bangkok. The financial center for multinational corporations in Asia. The concept of boosting the growth by IPO process. Double exposure.

2d illustrations and photos/iStock via Getty Images

SaverOne 2014 (SVRE) stock plunged 37% on Friday following the company’s $13M initial public offering.

Shares of SaverOne opened at $3.50, recently changing hands at $2.60, down 37%, at approximately 12:10 p.m. ET.

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