Raspberry Pi shares jump after London retail debut

The London Stock Exchange was showered with raspberry-coloured confetti when Eben Upton, founder of Raspberry Pi, opened trading on Tuesday
The London Stock Exchange was showered with raspberry-coloured confetti when Eben Upton, founder of Raspberry Pi, opened trading on Tuesday

Any doubts about the appetite retail investors would have for the shares of Raspberry Pi were dispelled at the start of trading, with the stock rising sharply for the second time in a week

With members of the public able to buy shares for the first time, shares in the Cambridge maker of small and affordable computers jumped immediately and were up by more than 15 per cent in early trading before easing back again to end the session up by 8p, or 1.9 per cent, at 420p.

Raspberry Pi aims to “democratise technology for companies large and small to the kitchen table tinkerer to the classroom coder”. Its share price jumped by more than a third on Tuesday when it opened for conditional trading,