French genAI startup LightOn rises on market debut


FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) - Shares of LightOn, Europe's first listed genAI startup, rose as much as 9% on their debut on the Euronext Growth market in Paris on Tuesday.

The stock was trading at 10.79 euros per share by 0841 GMT, 4.2% higher than the 10.35 euros it was valued at during its initial public offering last week.

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