the logo of french music streaming platform deezer is seen before the opening bell ceremony for the companys initial public offering ipo at the euronext stock exchange at la defense business and financial district in courbevoie near paris france july 5 2022 reutersbenoit tessier paris july 5 reuters  shares in french music streaming platform deezer fell 6 on their paris market debut on tuesday deezer opened at 850 euros before heading down trading at 799 euros per share by 0707 gmt in april deezer announced plans for a stock market listing in paris in a deal valuing the business at just over 1 billion euros 1 billion with a special purpose acquisition company spac 12po set up for the deal in 2015 deezer had to postpone initial ipo plans due to market conditions deezers larger rivals include spotify spotn which carried out its initial public offering in 2018