Moonpig soars as investors target online ‘lockdown winners’
Online greeting-card company valued at about £1.2bn
02 February 2021 - 17:55
London — Moonpig surged as much as 29% in its London trading debut after the online greeting-card company and its shareholders raised £491m ($672m) in an IPO, tapping investor demand for businesses benefiting from coronavirus-related lockdowns.
The shares climbed 27% to 442.90p in London from the IPO price of 350p...
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