Challenger banks are finding Brexit life challenging, their share prices suggest.
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Shortly after 3pm on Monday, Shawbrook Group's shares were down 26 per cent to 172p. And this came after its price fell 21 per cent after the result of the EU vote, from 295p on Thursday to 233p.
Shawbrook Bank first floated on the stock exchange in April last year.
Elsewhere, Virgin Money’s share price was down 24 per cent to 210p after falling from 366.4p to 275.3p between Thursday and Friday.
OneSavings Bank, meanwhile, was down 27 per cent to 191.1p. It fell from 333.3p on Thursday to 269.75p on Brexit day.
Aldermore hasn’t fared much better, down 19 per cent to 112.8p on Monday afternoon after falling 32 per cent on Friday.
Metro Bank is performing slightly better. It was down 13 per cent to 1,667p on Monday afternoon after falling nine per cent on Friday.