Chinese online grocery delivery company MissFresh saw its share price tumble 25.7 per cent from the IPO price, closing at $9.66 a share.
The MissFresh IPO was one of the largest US offerings in 21 years however its debut has been a bumpy ride so far.
The company had initially raised $273 million from selling stock at $13 per American Depositary Receipts (ADS) earlier this month.
An ADS is a means for US investors to gain investment exposure to non-US stocks without the normal complications of dealing in foreign stock markets.
