Aston Martin Shares Now Down 75% Since Carmaker Went Public
- Now London’s worst-performing new listing in past two years
- Latest drop follows first half results, capital speculation
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Aston Martin Lagonda shares are now worth less than a quarter of what they were when the U.K. luxury car-maker went public 10 months ago, making it the worst-performing new listing on London’s main market in more than two years.
The stock plunged as much as 22% on Wednesday after the company reported a first-half operating loss and as Chief Financial Officer Mark Wilson said that the company may seek additional financing if needed.