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Cambridge-based Raspberry Pi shares soar on London stock market

June 11, 2024
in Business
Reading Time: 1 min read
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Cambridge-based Raspberry Pi shares soar on London stock market
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Shares in computer firm Raspberry Pi soared as much as 40% after they began trading on the London Stock Exchange.

The Cambridge-based business is known for creating affordable credit card-sized computers designed to boost coding skills among children.

Shares hit 392p in early trading on Tuesday, above the initial public offering (IPO) price of 280p.

Raspberry Pi chief executive Eben Upton said: “The reaction that we have received is a reflection of the world-class team that we have assembled.”

Credit: Source link

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