Shares in Elice, a South Korean AI data centre company, fell 32% on their first day of trading in Seoul on Tuesday. It was the worst debut on record for a Korean IPO of $100m or more, according to data compiled by Bloomberg, as Yoolim Lee and Youkyung Lee reported. Elice raised 201.
Source: [TNW](https://thenextweb.com/news/elice-ipo-32-percent-debut-korea-ai-data-centre-neocloud)