Paytm stock drops to record low – TechCrunch
Shares of Paytm dropped to ₹1,165 ($15.71), the lowest since its market debut in November following the nation’s biggest-ever initial offering after a key brokerage house further cut its price on the payments stock. The stock, which opened Monday at ₹1,226, dropped 5.3% at 1.55 pm India standard time. Paytm, which has been struggling to…