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Firmus's Australian listing implodes within days of debut

Original: From boom to bust in five days: how Firmus’s much-hyped Australian stock market listing imploded | Jonathan Barrett

Firmus, an Australian tech firm, saw its much-hyped stock market listing collapse within five days of debuting on the Australian Securities Exchange. The Guardian's Jonathan Barrett charts the rapid turnaround from investor enthusiasm to a bust, highlighting how quickly sentiment shifted against the company after its launch.

Why now: The dramatic speed of the collapse, from hype to bust in under a week, is drawing attention as a cautionary tale about speculative listings.

FirmusAustralian Securities ExchangeJonathan BarrettThe Guardian

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