Line shares soar 50% as IPO takes Tokyo by storm

Jul 15, 2016

Line shares soar 50% as IPO takes Tokyo by storm

Shares in messaging app Line soared as the company listed in Tokyo on Friday, rocketing 50 percent in the biggest technology IPO this year. The shares reached ¥5,000 in early trading, up from the ¥3,300 set at launch, and valuing the firm at nearly ...