Bolsa de Madrid
eDreams Odigeo announced an intention to list on the Madrid, Barcelona, Bilbao and Valencia stock exchanges in early 2014. On April 8, 2014, the company completed its initial public offering on the Bolsa de Madrid, at 10.25 euros per share, which valued the company at around $1.5 billion. This was the first ever initial public offering of an Internet startup in Spain. The sale of shares was managed by financial organizations including JPMorgan Chase &amp; Co., Deutsche Bank AG and Jefferies Group LLC. It was the first company to go public in Spain since 2011. However, after five months the stock price had fallen by 60%, reflecting the shared challenges of a difficult European IPO market. The stock later stabilized, with significant gains in share price including 160% gain in 2016.