Tech Startup's Wild First Week Won and Lost Founder Billions
(Bloomberg) -- The chief executive officer of reAlpha Tech Corp., a small property technology startup, briefly gained billions of dollars in paper wealth during a hot direct-listing debut this week, only to see most of that erased as the stock plunged in the following days.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingS&P 500 Extends Slide From Its July Peak to 10%: Markets Wra