Tencent-backed Chinese grocery app Missfresh’s stock falls 30%+ in two sessions since IPO (update)

Economy Concept image of financial impact by viruses such as pneumonia, influenza, coronavirus, The concept shows the economic downturn.
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  • Tencent-backed Chinese grocery app Missfresh (NASDAQ:MF) tanked for a second session Monday following its U.S. IPO, falling more than 10% intraday on top of Friday’s 25%+ loss.
  • MF fell to as low as $8.60 Monday, down

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