CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Raspberry Pi IPO

09:03 11 June 2024

Raspberry Pi gets warm welcome from UK stock market

Some good news for the UK , the stock market debut of Raspberry Pi has seen extremely strong demand, and the stock has popped at the open. It jumped as high as 390p at the open, well above the 280p listing price. This jump in the stock price will push up the company’s market capitalization towards £700mn, at the time of the IPO pricing, the market cap of Raspberry Pi was £542mn.

This is a sign that there is life in the London stock market, and companies can derive value from listing in London. It is also a decent payday for the company’s founders and directors. While the value PC maker has a small listing, especially compared to some of the tech giants in the US, it is a company with links to its bigger brothers and sisters in the tech sector, and prior to listing it had recently secured funding from Sony and Arm is one of its cornerstone investors.

Start investing today or test a free demo

Open account Try demo Download mobile app Download mobile app

Raspberry Pi sails on big tech’s coat tails

This listing has been a test for the UK market, and it seems to have passed with flying colours. The question now is, will it attract other tech companies to London? The other question is whether Shein, the Chinese fast-fashion brand, will receive the same warm welcome when it may list later this year. Raspberry Pi has listed at a good time, tech stocks are surging and are leading global financial markets once more, so it can jump on the coat tails of this mega theme for global markets. For example, Nvidia, HP and Hewlett Packard are in the top 10 performing stocks in the S&P 500 in the past month, while the semiconductor and the computer and electronics sectors are the top performing sectors in the S&P 500 in recent weeks.  

Will Shein get the same warm welcome?

In contrast, fast-fashion giant Shein is a more controversial company, and consumer stocks have underperformed in global markets in recent weeks.

Overall, we could see some volatility in the Raspberry Pi share price on Tuesday, but it seems to have received a warm welcome from the UK market.

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

Written by

Kathleen Brooks

Back
Xtb logo

Join over 1 Million investors from around the world

We use cookies

By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

This group contains cookies that are necessary for our websites to work. They take part in functionalities like language preferences, traffic distribution or keeping user session. They cannot be disabled.

Cookie name
Description
SERVERID
userBranchSymbol cc 2 March 2024
adobe_unique_id cc 1 March 2025
test_cookie cc 1 March 2024
SESSID cc 9 September 2022
__hssc cc 1 March 2024
__cf_bm cc 1 March 2024
intercom-id-iojaybix cc 26 November 2024
intercom-session-iojaybix cc 8 March 2024

We use tools that let us analyze the usage of our page. Such data lets us improve the user experience of our web service.

Cookie name
Description
_gid cc 9 September 2022
_gat_UA-22576382-1 cc 8 September 2022
_gat_UA-121192761-1 cc 8 September 2022
_ga_CBPL72L2EC cc 1 March 2026
_ga cc 1 March 2026
AnalyticsSyncHistory cc 8 October 2022
af_id cc 31 March 2025
afUserId cc 1 March 2026
af_id cc 1 March 2026
AF_SYNC cc 8 March 2024
__hstc cc 28 August 2024
__hssrc

This group of cookies is used to show you ads of topics that you are interested in. It also lets us monitor our marketing activities, it helps to measure the performance of our ads.

Cookie name
Description
MUID cc 26 March 2025
_omappvp cc 11 February 2035
_omappvs cc 1 March 2024
_uetsid cc 2 March 2024
_uetvid cc 26 March 2025
_fbp cc 30 May 2024
fr cc 7 December 2022
muc_ads cc 7 September 2024
lang
_ttp cc 26 March 2025
_tt_enable_cookie cc 26 March 2025
_ttp cc 26 March 2025
hubspotutk cc 28 August 2024

Cookies from this group store your preferences you gave while using the site, so that they will already be here when you visit the page after some time.

Cookie name
Description
personalization_id cc 7 September 2024
UserMatchHistory cc 8 October 2022
bcookie cc 8 September 2023
lidc cc 9 September 2022
lang
bscookie cc 8 September 2023
li_gc cc 7 March 2023

This page uses cookies. Cookies are files stored in your browser and are used by most websites to help personalise your web experience. For more information see our Privacy Policy You can manage cookies by clicking "Settings". If you agree to our use of cookies, click "Accept all".

Change region and language
Country of residence
Language