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Manchester United edge up in public debut

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Manchester United edge up in public debut

By: AAP | International News | Saturday August 11 2012 10:51

 

Soccer club Manchester United has made a disappointing debut on the New York Stock Exchange, even after opening at a discounted price.

Many had expected fans of most famous soccer club in the world would snap up shares, leading to a pop in early trading, but that hasn't materialised.

Shares for the 134-year-old soccer club are flat at US$14 in midday trade.

The current share price values the club at almost AU$2.2 billion.

 

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