Meesho shares slide 21% in 3 days, after more than doubling in post-IPO surge. What’s behind the decline?

Meesho shares fell for a third session after a blistering 110% post-IPO rally, as a low free-float, short-covering pressures and profit-taking triggered a sharp reversal. Brokerages remain constructive on the long-term growth story, even as volatility rattles near-term sentiment.

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