NIQ Global (NIQ) Tumbles 9.5% on Market Debut

We recently published Wall Street’s 10 Worst Performing Stocks. NIQ Global Intelligence (NYSE:NIQ) is one of the worst performers on Wednesday.

NIQ Global Intelligence finished in the red on its first day as a publicly listed company, shedding 9.48 percent to close at $19.01, as investors appeared to have looked for more catalysts to boost buying appetite.

The company opened at a price of $20.25 apiece, hit a high of only $20.39, and touched a low of $18.99.

However, the company was able to raise as much as $1.5 billion in its market debut, with proceeds to be used to repay existing debt, while the remainder will be used for general corporate purposes.

NIQ Global Intelligence (NYSE:NIQ) is a leading market research provider that operates in more than 90 countries, including North America, Latin America, Asia Pacific, Europe, Africa, and the Middle East, and has a workforce of more than 38,000 people.

It also caters to over 23,000 clients globally, including about 50 percent of the Fortune 500.

While we acknowledge the potential of NIQ as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.