British PC Maker Raspberry Pi Soars in London Trading Debut

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Raspberry Pi News

Bloomberg,Initial Public Offering,London

(Bloomberg) -- British personal computer maker Raspberry Pi shares jumped on its first day as a public company, offering a boost to London’s market for new...

-- British personal computer maker Raspberry Pi shares jumped on its first day as a public company, offering a boost to London’s market for new stock listings.Investment Bank Moelis Probes Incident After Video of Employee Appearing to Punch WomanRaspberry Pi shares traded at 360 pence each at the open, well above its initial public offering price of 280 pence. The stock gained as much as 36% from the IPO price.

Raspberry Pi was previously reported to be considering a listing in early 2022. Since then, it raised money from British chipmaker Arm Holdings Plc and Sony Group Corp.’s semiconductor division.Is There Room for Common Ground on Congestion Pricing? Another major Tesla investor is publicly opposing Elon Musk's $56 billion pay package days before investors vote on the enormous figure.Many investors watch Warren Buffett's trades, hoping to duplicate the success of the so-called "Oracle of Omaha." Recently, Buffett watchers saw the famed investor jettison some housing stocks from...Nvidia was falling on Monday after its stock split, although two Wall Street analysts believe the chip maker’s valuation will keep climbing.

 

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British PC Maker Raspberry Pi Soars in London Trading DebutBritish personal computer maker Raspberry Pi shares jumped on its first day as a public company, offering a boost to London’s market for new stock listings.
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