Aston Martin shares tumble on their London debut after IPO achieves a valuation putting the company on a par with Ferrari

latest half year earnings of £448 million, profit of £20.8 million ipo valuation of company £4,000 million extrapolated p/e ratio 96 ,good luck!

Aston Martin isn’t in shouting distance to Ferrari in terms of innovation, quality, or reputation. Their F1 team is pathetic, not even close to being on par with Ferrari or Mercedes which is what trickles down into the commercial cars

This rascal looks like a prime short target

Aston Martin may go down as the last luxury IPO before the next recession

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Aston Martin skids as much as 6.5 percent in its market debut in LondonShares in luxury automaker Aston Martin fell as much as 6.5 percent in its market debut in London on Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Aston Martin priced at 19 pounds per share in market debut, eyes $5.6 billion valuationThe company, which last year made its first profit since 2010 and has gone bankrupt seven times in its history, was due to begin conditional trading on the London Stock Exchange on Wednesday. On what planet?
Source: CNBC - 🏆 12. / 72 Read more »