Huuuge Makes Muted Debut in Poland

Huuuge makes muted debut in Poland. This follows Poland's largest gaming industry listing to date. U.S.- registered Huuuge, which has 400 employees in Poland, adds to a string of companies who have sought listings as people continue to stay home and use the internet for shopping and entertainment due to pandemic restrictions. Hence, Poland’s most recent initial public offerings include e-commerce platform Allegro, online fashion retailer Answear.com, and gaming company PCF (People Can Fly) Group.

According to Huuuge, investors from over 20 countries participated in the offering. After gaining more than 9.9 percent in early trading, shares were down 0.6 percent at 1209 GMT. By comparison, PCF Group opened 70 percent above its IPO price.

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