The stock market has given James Bond carmaker Aston Martin a frosty reception

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Aston Martin IPO'd in London on Wednesday. Shares were priced at £19, valuing the luxury car maker at £4.3 billion. After a small initial price bump, shares have fallen to £18.40. The performance underlines weakness in the London IPO market and ongoing trade war and Brexit fears in the auto sector.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They say they will stay in the UK post Brexit. So it must be a cheap place to build cars in their thinking. Low currency and no tariffs with the core US market.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Aston Martin skids on market debutShares in luxury automaker Aston Martin fell as much as 6.5 percent in its marke... hell yeah
Source: Reuters - 🏆 2. / 97 Read more »

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 »

Aston Martin skids on market debutShares in luxury automaker Aston Martin fell as much as 6.5 percent on their mar...
Source: Reuters - 🏆 2. / 97 Read more »