MasterBeef Group (MB) saw its stock price plummet by 5% during Thursday's intraday trading session, following the announcement of its initial public offering (IPO) pricing. The company, which recently made its debut on the stock market, priced its IPO at $4.00 per share, offering a total of 2 million shares to raise $8.0 million.

The significant drop in share price immediately after the IPO pricing announcement suggests that investors may have been disappointed with the offering. There could be several reasons for this negative reaction: 1. Valuation concerns: Investors might perceive the $4.00 per share price as too high given the company's current financials and growth prospects. 2. Market conditions: The overall market sentiment or sector-specific trends could be influencing the stock's performance. 3. Size of the offering: The relatively small size of the IPO ($8.0 million) might raise questions about the company's capital needs and growth potential.

As MasterBeef Group begins its journey as a publicly-traded company, investors will be closely watching its performance in the coming days and weeks. The market's initial reaction suggests caution, but it remains to be seen how the stock will perform in the longer term as more information becomes available and trading volumes stabilize.