Aston Martin Makes Public Trading Debut on London Stock Exchange to Mixed Reaction

"Today's listing on the London Stock Exchange represents a historic milestone for Aston Martin Lagonda," company CEO Andy Palmer stated in a release from the London stock exchange. "We are delighted by the positive response we have received from investors across the world and are very pleased to welcome our new shareholders to the register. We are excited about the momentum across the company and are fully focused on continuing to deliver our exciting growth strategy through the Second Century Plan."

Aston has certainly had a lot to prove in recent years, pumping life into its once-dated lineup with a brand new Vantage, and several variants of the DB11. The automaker is also exploring electrified drivetrains with its Lagonda sub-brand and has partnered with engine builder Cosworth to produce the Vulcan hyper-hybrid. 

In the company's first day on the exchange, investor reaction to the stock was mixed. After opening at £19 per share, Aston Martin Lagonda traded flat for approximately 20 minutes before beginning to decline. The stock saw its lowest point at 1:20 p.m. London time when it hit £17.45 per share—a drop of 8.2 percent. Aston was able to recover somewhat through the day and ended with a closing price of £18.10, five percent lower than when the day began.