Kioxia's Stock Jumps on Tokyo Debut, Despite Bumps on the Road

Kioxia, Japan's third-largest maker of flash memory products, had a successful first day of trading in Tokyo. Its shares rose by 10 percent, ending at ¥1, 601. This comes after a long and bumpy journey for the chipmaker, formerly known as Toshiba Memory. Six years ago, Bain Capital bought Kioxia fr