Shares in Aston Martin Lagonda finally went under the hammer yesterday, but it was an inauspicious introduction to public markets for the luxury carmaker. The owners of Aston Martin had been hoping to sell for as much as £5 billion, but fell short of this by floating with a £4.3 billion valuation — and then saw the company’s share price fall on the first day of trading. Aston Martin shares almost immediately traded below their issue price of £19 and closed the day down 4.7 per cent, or 90p, at £18.10.
Shares in the company become available to individual investors on Monday, but the first day of conditional trading posed more questions about whether you should be looking to buy or should leave well alone.