July 29, 2014

Poundland share price surges by over a third on debut

The share price of Poundland surged by over a third on its London stock exchange debut, reaching a high of 401.5p for the day, nearly 34pc above its 300p offer price. At its high price, the market cap of the retailer neared £1bn.

Its share price closed Wednesday at 370p, indicating strong interest in the stock.

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