Yoox shares surge in market debut

12/3/2009 | Reuters

After about a quarter of an hour of trading, shares in the online Italian retailer Yoox were up 4.9% to outperform the market's 0.9% gain. Yoox, which operates the online retail sites of Valentino, Emporio Armani and Marni, is the first company in 20 months to float on Milan's main MTA market.

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