Episode from the podcastAdrian Lawrence Podcast

Moonpig celebrate a successful IPO

Released Tuesday, 2nd February 2021
 1 person rated this episode
Moonping the online greeting card business is celebrating today as their IPO soared above its launch price of £3.50 in early trading it reached £4.40 a rise of more than 30%, its price drifted off those highs.

This is a great news story the company was sold by its founder in 2011 for £110m and has now risen in value to be worth more than £1.2billion.   It is likely to join the FTSE 250 index as a result.

There are challenges ahead as the lockdown has driven more and more high street retailers to turn up their internet marketing strategies.

To learn more about Reporting Accounts visit our website at https://www.reportingaccounts.com
Really interesting and encouraging to see life returning to normal at least on the London stock market.
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