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Shares of $230 Japanese toaster maker double in Tokyo IPO

SHARE Boutique Japanese appliance maker Balmuda set out to make the perfect slice of toast, using the right combination of temperature, moisture and cooking time. Now, it looks like the company will have to bring as much care and attention to its stock price. The company behind the $230 toaster, which is now being sold outside of Japan and South Korea, saw its shares double on their first day of trading on Wednesday. The stock was set to rise by its limit Thursday, potentially giving Balmuda a ...
South Korea Kazuo Kishi Gen Terao Tokyo Stock Exchange Mothers Mitsubishi Electric Boutique Japanese

Japanese Maker of $230 Toaster Sees Its Shares Pop Up in Debut

Japanese Maker of $230 Toaster Sees Its Shares Pop Up in Debut Bloomberg 12/17/2020 Reed Stevenson © Bloomberg A slice of bread is toasted with a Balmuda Inc. toaster during a demonstration in Tokyo, Japan, on Thursday, May 19, 2016. (Bloomberg) -- Boutique Japanese appliance maker Balmuda Inc. set out to make the perfect slice of toast, using the right combination of temperature, moisture and cooking time. Now, it looks like the company will have to bring as much care and ...
South Korea Kazuo Kishi Gen Terao Tokyo Stock Exchange Mothers Mitsubishi Electric Corp Panasonic Corp
Source: msn.com

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