NEW YORK -- Wanda Sports Group missed the kick in its Wall Street debut Friday, closing at $5.16 per American depositary share -- below its initial public offering price of $8.
The Nasdaq-listed unit of Chinese conglomerate Dalian Wanda Group raised just $190 million in its IPO, selling fewer shares at a lower price than previously sought, after having already downsized the listing from its original $500 million target.
