Saudi Arabia’s auto rental firm Lumi pops 30% in stock market debut
Cityscape of Saudi capital Riyadh. Harri Jarvelainen Photography | Moment | Getty Images Shares of Lumi soared as much as 30% on Monday at the Saudi Arabian auto rental firm debuted on the Riyadh stock exchange in a 1.09 billion riyal ($290 million) initial public offering. A unit of Saudi travel company Seera, Lumi listed … Read more