The cell phone unit of Japanese tech goliath Softbank had a frustrating presentation on the Tokyo securities exchange.
The firm raised as much as 2.6 trillion yen ($23bn; £18bn) by moving offers at 1,500 yen each in one of the world’s biggest ever stock contributions.
In any case, by the end of exchange Tokyo, shares were down 14.5% from the value set for its first sale of stock.
Experts said the disillusioning presentation was not by any means sudden.
“Softbank wasn’t as well known a [initial open offering] as the market had expected,” Singapore-based market master David Kuo told the BBC.
“It was oversubscribed, however not as much as trusted.”