Pandora's stox goes crazy

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Investors appear to have found a new darling on the Copenhagen Stock Exchange – the jewellery company Pandora whose Initial Public Offering began trading this morning.

The stock was initially fixed on opening at DKK 210 per share. Half an hour later it was selling at 238 and an hour later at 245.5 valuing the company at around DKK 31 billion.

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