Meesho Share Price: Meesho’s share is suffering from the fall! 32% down from top; Price reached lower circuit – reason? – market

Concerns about short-term supply in the stock increased again after the lock-in deadline ended. On Wednesday, 11 crore shares of Meesho, or 2% of its outstanding equity, became eligible for trading. The end of the lock-in deadline does not mean that shareholders are rushing to sell their shares, rather it means that now the shares…

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Meesho share price hits 5% lower circuit as one-month IPO lock-in period ends today, down 32% from recent highs

E-commerce firm Meesho came under selling pressure in Wednesday’s session, January 7, with its shares falling 5% to the lower price band of 173 apiece on the NSE, as the supply of shares in the secondary market spiked following the expiration of the one-month shareholder lock-in period. The one-month lock-in period for pre-IPO investors who…

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