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Broken IPOs

 
Europe

A broken IPO is a new listing that trades below where it started. This list shows stocks on European exchanges that went public within the last 12 months and now close below their first-day close, biggest losses first. Some recover once the business proves itself, while others keep falling as early investors sell, especially around lock-up expirations. Gains are measured from the first-day close, not from the IPO offer price.

Screening formula:
exch(xetra,bme,mil,par,ams) and type(stock) and days_since_ipo >= 0 and days_since_ipo <= 365 and c < c[bars - 1] and sortby(change(bars - 1), asc) and show(days_since_ipo, change(bars - 1) as since_first_close_pct)
 
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Charts    
   Symbol   Name   Industry   Sector   Exchange   Cap  Cap, mln  Last  Change  Change, %  Volume  Days_since_ipo  Since_first_close_pct
 MLROT.PA 
Specialty Industrial Machinery
Industrials
PAR
Micro
 8.12  0.32  -0.01 -3.03 5,000  141.00  -73.55
 ALETC.PA 
Utilities - Renewable
Utilities
PAR
Micro
 32.76  1.07  -0.05 -4.46 335  315.00  -65.48
 CSG.AS 
Aerospace & Defense
Industrials
AMS
Large
 14,124  14.47  -0.28 -1.9 212,961  279.00  -55.75
 H3V.DE 
REIT - Specialty
Real Estate
XETRA
Small
 1,680.1  2.36  -0.26 -9.92 1,782  148.00  -54.17
 NW0.DE 
Aerospace & Defense
Industrials
XETRA
Large
 14,124  14.43  -0.41 -2.76 6,814  276.00  -52.69
 ITH0.DE 
Biotechnology
Healthcare
XETRA
Small
 1,164.28  34.47  -0.75 -2.13 110  148.00  -45.23
 T9G.DE 
Biotechnology
Healthcare
XETRA
Micro
 24.94  0.438  0.025 6.05 18,000  318.00  -39.67
 RQ0.DE 
Computer Hardware
Technology
XETRA
Mid
 4,138.77  9.39  -1.11 -10.57 51,162  148.00  -38.14
 FRI.DE 
Software - Application
Technology
XETRA
Large
 13,428  640.50  18 2.89 39  148.00  -36.21
 85H1.DE 
Aerospace & Defense
Industrials
XETRA
Mid
 4,657.25  12.20  -0.8 -6.15 200  148.00  -36.13
 J8W.DE 
Aerospace & Defense
Industrials
XETRA
Small
 1,674.18  9.60  -1.2 -11.11 688  148.00  -35.79
 3UX.DE 
Capital Markets
Financial Services
XETRA
Small
 1,890.43  6.88  -0.63 -8.39 12,421  148.00  -34.97
 ALIEV.PA 
Household & Personal Products
Consumer Defensive
PAR
Micro
 75.73  8.00  0 0 179  213.00  -33.33
 FLH0.DE 
Information Technology Services
Technology
XETRA
Mid
 4,786.79  15.83  -2 -11.22 2,764  148.00  -32.47
 OO6.DE 
Engineering & Construction
Industrials
XETRA
Mid
 2,630.71  34.80  -3.4 -8.9 82  148.00  -31.76
 MY8.DE 
Engineering & Construction
Industrials
XETRA
Large
 13,118  163.35  -5.9 -3.49 20  148.00  -29.22
 COLT.AS 
Aerospace & Defense
Industrials
AMS
Mid
 2,306.71  34.66  -0.84 -2.37 18  198.00  -26.08
 GEPH.DE 
Resorts & Casinos
Consumer Cyclical
XETRA
Micro
 8.15  7.70  -0.45 -5.52 269  179.00  -25.24
 0YB0.DE 
Computer Hardware
Technology
XETRA
Large
 12,717  26.05  -2.71 -9.42 14,441  148.00  -24.71
 H7B.DE 
Scientific & Technical Instruments
Technology
XETRA
Large
 42,557  185.15  -31.35 -14.48 2,191  148.00  -24.64
 ALLSF.PA 
Apparel Manufacturing
Consumer Cyclical
PAR
Micro
 15.53  11.38  0.3 2.71 839  108.00  -24.64
 AHV.DE 
Semiconductor Equipment & Materials
Technology
XETRA
Mid
 3,221.99  47.16  -8.24 -14.87 3,403  148.00  -23.76
 BW9.DE 
Computer Hardware
Technology
XETRA
Large
 176,324  1,050.00  -170 -13.93 3,193  80.00  -23.36
 ETI.MI 
Oil & Gas Midstream
Energy
MIL
Micro
 4.62  4.40  0.02 0.46 250  113.00  -22.81
52 matches
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Data as of Oct 30, 2026, updated intraday



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