FDJ shares surge after market listing

After making its debut on the stock market, shares in French lottery and sports betting operator Francaise des Jeux (FDJ) rose to a peak of €23.10 ($25.60) by 10:35am. The shares were offered to institutional investors at a price of €19.90 and when the market opened were value at €23 each. By 11:44am, the prices had dropped to €22.60. President Emmanuel Macron’s government is planning to sell government shareholdings i...