Kyivstar Shares fall after Nasdaq U.S Listing
Last update: August 15, 2025
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Ukraine’s Kyivstar shares were down 9.3% to $11.5 at 1400 GMT, following their Nasdaq debut.
Kyivstar dropped over 9% on Friday after the mobile operator became the first Ukrainian company to list in the United States, hours before a summit between U.S. and Russian leaders to discuss a potential peace deal in Ukraine.
The meeting in Alaska between U.S. President Donald Trump and Russian President Vladimir Putin could be a step towards ending a war that has crippled Ukraine's economy.
"We will be the best asset for the international investment community to invest in Ukraine, to invest in the Ukrainian recovery, to invest in the Ukrainian support," Kyivstar CEO Oleksandr Komarov said in an interview.
Before the listing, he had said that a peace deal would help boost the company's value.
CBI News reports that Komarov had warned that Kyivstar's first few weeks of trading would be volatile.
He added that a turbulent external environment was already incorporated in its valuation.
Posted by David Taylor · Last updated: August 15, 2025
