Prada Lowers IPO Expectations As Market Declines

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Posted on June 22, 2011 at 4:06 PM



Thursday, in Hong Kong, Samsonite & Prada were disappointed as their projected successes from their IPOs had setbacks.  Prada lowered its price for its listing in Hong Kong and Samsonite fell tremendously on their first trading day in HK.  These actions reflect a global trend of poor market debuts and selling across...

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