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Aston Martin skids as much as 6.5 percent in its market debut in London

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Shares in luxury automaker Aston Martin fell as much as 6.5 percent in its market debut in London on Wednesday.

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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?
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The stock market has given James Bond carmaker Aston Martin a frosty receptionAston 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. 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.
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