TSB IPO: its share price jumped 10% this morning

IPO WATCH: The 'challenger' bank staged its debut on the stock exchange this morning. Shares have leaped.

by Emma Haslett
Last Updated: 19 Aug 2014

So much for depleted investor enthusiasm for new IPOs: shares in newly-listed bank TSB jumped 10% when it began conditional trading on the London Stock Exchange this morning. Shares were priced at 260p, just above the middle of its 220p-290p range. Investors were obviously impressed.

Source: FE Investegate

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