Tim Hortons China stock falls 18% on second day of trading since SPAC merger

Sep. 30, 2022 4:51 PM ETTH International Limited (THCH)By: Val Kennedy, SA News Editor1 Comment

Tim Hortons logo in front of one of their restaurants in Toronto, Ontario, at night, with pedestrians passing. Tim Hortons is a cafe and fastfood canadian brand

BalkansCat/iStock Editorial via Getty Images

Shares of newly public TH International (NASDAQ:THCH), which operates nearly 500 Tim Hortons coffee shops in China, saw its shares fall 18% during its second day of trading.

TH International shares opened at $6.21, climbing to

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