Deliveroo shares tumble on stock market debut

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Deliveroo shares close well below their expected price after big investors’ attitude to company soured. …

Some of the UK’s biggest investment fund managers, including Aberdeen Standard, Aviva Investors, BMO Global, charity fund manager CCLA, Legal and General Investment Management and M&G said recently they would not buy shares in Deliveroo, citing concerns over including the working conditions of its riders and lack of investor power.

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