Why did Navan lose $1 billion in market value on its first day on Wall Street?

calcalistech.com/ctechnews/article/skixhk4k11g

Why did Navan lose $1 billion in market value on its first day on Wall Street?
The Israeli-founded travel and expense platform saw its shares tumble after a highly anticipated IPO.
Last week was one of the strongest Wall Street has seen in years, particularly for technology stocks, but…

This story appeared on calcalistech.com, 2025-11-02 16:33:16.194000.
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