September 1, 2014

Saga share price falls below offer price

The Saga share price has fallen below its offer price of 185p. On the second day of trading, Saga shares fell to 180p during trading, closing at 183p – representing a 1.08pc fall in price at the closing bell.

Saga priced its IPO at the lower-end of its original scale in order to limit the chance for its shares to suffer heavy falls post-flotation.

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