Raspberry Pi Shares Surge in Landmark London IPO

The budget computer maker's stock jumps 40% on its first day of trading, highlighting strong investor interest and boosting the London Stock Exchange.

Shares initially priced at £2.80 surged to £3.92 during early trading.
The IPO valued Raspberry Pi at approximately £542 million ($690 million).
The company raised £166 million ($211 million) from the listing.
Raspberry Pi has sold over 60 million units since its inception in 2012.
72% of sales are now to industrial and embedded customers.