New Delhi, Feb. 10 -- Swiggy share price declined over 5% on Monday, extending its losing streak for the fifth straight session. Swiggy shares plunged as much as 5.77% to a low of Rs.359.00 apiece on the BSE.
Swiggy shares have declined more than 21% in one week and over 26% in one month. On a year-to-date (YTD) basis, Swiggy stock price has cracked more than 33%, slipping below its issue price.
The fall in the stock price of the food delivery giant comes amid a reported Swiggy Instamart glitch which allegedly granted users up to Rs.5 lakh in free cash.
A Reddit user, identified as @Techical-Relation-9 claimed that random Swiggy Instamart users received significant amounts of 'free cash' on the app.
In a post, titled "Someone is defin...
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