Advent-backed consumer insights company NIQ Global was valued at $6.1 billion as its shares dipped 3.6% in their NYSE debut on Wednesday, marking a rare setback in an otherwise strong stretch for initial public offerings.

Shares of NIQ Global Intelligence (NYSE:NIQ) closed down 9.5% on its first day of trading on the New York Stock Exchange after opening 4.2% below the offering price in its IPO debut. The research and analytics company offered 50M ordinary shares and aimed to raise $1.

We recently published Wall Street’s 10 Worst Performing Stocks. NIQ Global Intelligence (NYSE:NIQ) is one of the worst performers on Wednesday. NIQ Global Intelligence finished in the red on its first day as a publicly listed company,