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IPO 2021 challenges for (inevitably) Deliveroo and (even) Wickes

By Chris Bailey | Friday 3 December 2021

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

How many times have you used Deliveroo (ROO)? I cannot remember if it is once or twice for me, but I am not a big fan of the ‘British online food delivery company’. I am glad I have regarded the shares as a strong avoid too, because the (reduced) 390p IPO price earlier this year is embarrassing for the current 252p priced share.

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