Shares of GoTo slide to IPO levels, trigger greenshoe option

Shares of GoTo slide to IPO levels, trigger greenshoe option

Photo: GoTo website

Shares of Indonesia’s largest tech firm PT GoTo Gojek Tokopedia Tbk closed 5.59% lower at 338 rupiah per share on Wednesday, returning to its IPO price and triggering a stabilisation measure on its seventh day of trading.