Aston Martin races to £4.3bn valuation but trades down

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Aston Martin races to £4.3bn valuation but trades down

Aston_Martin_DB10
General view of the Aston Martin DB10 during the Spectre after party held at the British Museum in London | Anthony Devlin/PA Archive/PA Images

Bookrunners on Aston Martin's IPO priced the landmark transaction at £19 ($24.71) a share on Wednesday, a boon for the company and a sign that markets backed its ambitious growth strategy. But the stock has traded down in the aftermarket.

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