Markit share price soars on first day of US trading

Markit, the UK financial data provider, saw its shares leap as much as 14 per cent yesterday during its debut on the Nasdaq Stock Exchange in New York. Markit, which raised $1.3bn (£762m) from the float, closed up 11.25 per cent at $26.70 after launching its shares at $24, the mid-point of its price range, on Wednesday.

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