Aston Martin and Funding Circle still struggling after IPOs

Despite a much-hyped listing on the London Stock Exchange yesterday, Aston Martin and Funding Circle are both still struggling.

Shares in luxury car maker Aston Martin had fallen 4.7 per cent on their first day of trading, and are still down 1.5 per cent at £17.83 today. The shares had initially been priced at £19, giving it a market capitalization of £4.3bn.

British crowd-lending platform Funding Circle had lost 17 per cent yesterday and is down a further 3.8 per cent today to £3.51.

Since it was set up in August 2010, Funding Circle has lent more than £5bn to 50,000 small businesses from 80,000 investors – including some £1bn in the first half of this year.