QIWI offering reduces overhang risk, says JPMorgan JPMorgan says QIWI's 8M share offering at $43.99 per share significantly reduces the overhang risk on shares and should improve liquidity going forward. The firm, however, expects short-term weakness in the stock following the deal. JPMorgan notes that QIWI CEO is not selling any shares in the offering and remains the largest shareholder. The firm keeps an Overweight rating on the stock.
News For QIWI From The Last 14 Days
Check below for free stories on QIWI the last two weeks.
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