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Tokyo Metro shares gain 40% on debut after Japan's largest IPO in six years

By CNBC   |   Oct 22, 2024 at 09:15 PM EST
Tokyo Metro shares gain 40% on debut after Japan's largest IPO in six years

Tokyo Metro's shares surged 40% after a successful IPO, raising $2.3 billion. The company is a leading subway operator in Japan and saw strong demand from investors due to its stable cash flow and low risk profile.

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