Good morning from #Italy, where comeback in IPOs failed. Packaging maker Stevanato fell 6.3% in its debut after raising $672mln in downsized IPO that was still largest by an Italian comp since Ferrari’s 2015 listing. In Italy, only 9comps IPOed in past 12mths w/tiny vol of $1.7bn h/t Holger Zschaepitz

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