Reported 10 months ago
British personal computer maker Raspberry Pi saw a significant increase in its shares during its first day as a public company, trading at 360 pence each, well above its initial offering price of 280 pence. The successful IPO of £166 million ($211 million) provides optimism for London's struggling new stock listings market, marking the largest tech IPO in London since 2021. Despite the small IPO size, analysts hope this will boost the UK's tech scene and encourage future innovative British listings.
Source: YAHOO