Shares in INCJ's Japan Display fall two days straight
Japan Display - the world's biggest maker of screens for tablets and smart phones and a portfolio company of Innovation Network Corporation of Japan (INCJ) - saw its stocks fall for two days in a row this week after following its JPY318.5 billion ($3.1 billion) listing on Tokyo Stock Exchange (TSE) on Wednesday.
It is believed to be the worst first-day performance by an IPO in Asia Pacific worth at least $1 billion since 2008. Shares in the company closed down at JPY763 on Wednesday and then dropped to as low...
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