Data center infra provider Accelevation sinks in post-IPO trading

Data center infrastructure provider Accelevation raised $540 million in its Sept. 29 IPO, but its shares were trading down roughly 5% on Thursday morning and continued to slide after the offering.

• Accelevation raised $540 million in its Sept. 29 IPO
• Shares were down roughly 5% on Thursday morning
• The stock has kept falling since the offering this week