Rigaku's shares slumped 10% in their market debut on Friday, after buyout firm Carlyle Group steered the Japanese X-ray testing tool maker to an $863 million initial public offering (IPO).
Shares traded at ¥1,125 ($7.41) in the morning after initially being untraded with a glut of sell orders, and closed at ¥1,130.
The company had priced the IPO at the top end of a ¥1,230 to ¥1,260 indicative range.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.