Economic news

Aston Martin’s stocks tumble as trading begins

The start of Aston Martin in the stock market has been unimpressive, as its shares fell to £17.75 during the initial trading, while their first price had been £19.

Over-a-century-old car manufacturer saw its market value slide to a little more than £4 bln after a drop in shares on Wednesday, that is dramatically less than the forecasted value of above £5 bln.

September estimates by the firm had expected its shares to start with a price range of £17.50-£22.50, however two days ago it was adjusted to £18.50-£20 for a share.


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