August 27, 2014

McColl’s share price falls in market debut

McColl’s share price fell below its offer price in its market debut on Tuesday. Shares in McColl’s closed the day at 184.50p, down on the offer price of 191p per share.

The fall comes despite shares in the company reportedly being oversubscribed. One analyst suggested that perhaps investors were more interested in other IPOs scheduled to take place in the near future.

 

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