Questions remain unanswered despite Deliveroo recovering to IPO price

In the five months since its initial public offering (IPO), the London-headquartered delivery company has risen almost 40%, returning the stock to its original price debut. That IPO has been described as "one of the most embarrassing stockmarket debuts in living memory" by Lee Wild, head of equity strategy at interactive investor, as the company closed its first day 26% lower than it had opened, down to 287.45 pence per share from 390 pence per share. Deliveroo's IPO was also one of the most controversial in recent years, as asset managers lined up to add their voices to the condemnat...