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Sorry, No ‘THR’ from GOTO Shares! Already Below IPO Price

Jakarta

Price saham PT GoTo Gojek Tokopedia Tbk (GOTO) continues to decline to below the Initial Public Offering (IPO) level or the initial public offering price of IDR 338 per share.

Looking back, when it was initially listed on the Indonesia Stock Exchange (IDX) on (11/4/2022), GOTO’s share price managed to jump to the level of Rp. 400 per share at the beginning of trading.

Quoted from RTI, Tuesday (26/4/2022), as of 12.00 JATS or the afternoon break, the stock price of GOTO this afternoon is at the level of Rp. 312 per share. That is, the price GOTO stock currently down to below the IPO price.

At the opening of the trade, the price GOTO stock had shot up to the level of Rp 348. But soon, GOTO’s shares immediately fell and continued to be red until the first trading session was closed.

Today GOTO’s stock is moving in the range of Rp. 308 to Rp. 348 per share. The trading volume of GOTO’s shares until this afternoon reached 1.66 billion shares, with a transaction value of Rp. 535 billion for GOTO’s shares. It was noted that GOTO’s market capitalization in the first trading session reached Rp 400.32 trillion.

Temporary price GOTO stock weakened, the JCI this afternoon also weakened. This afternoon, the JCI parked down 18 points or 0.26% to 7,197.

(fdl / fdl)

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