Share Price and Stock Market

stock market: The valuation is less than the 2.5bn that had been estimated when it first announced its intention to join the stock market earlier this month, according to The Guardian. A source said the company cautious approach to pricing came from its keenness to avoid the share price slide which has plagued companies such as Poundland and Just Eat since their listings this year and Over 50s holidays and insurance group Saga has cut back the price of its forthcoming stock market flotation to around 2bn. The share sale is to be priced at between 185 and 205 pence a share, down from the 185 to 245 pence previously estimated. (news.financializer.com). As reported in the news.