Luxury car maker Aston Martin has endured a bruising time in the stock market since its 2018 float, but recent progress has offered hope for a successful turnaround.
Since its IPO Aston Martin's shares have plummeted almost 92%, according to Morningstar data, but this year it has been one of the best performers in the FTSE 250, rallying 130% year-to-date. Its initial downturn was partially attributed to sequential global crises, with the UK's official exit from the European Union in early 2020 and the Covid pandemic causing disruption and tightening of supply chains and toll taken on consumer and business confidence. Stock Spotlight: THG founder gives up golden share as takeover questions loom Arthur Castle, head of equity research at Charles S...
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