Juvenescence en route to listing
Jim Mellon has announced plans to take the longevity firm Juvenescence public within the next 6-12 months.
Jim Mellon has announced plans to take the longevity firm Juvenescence public within the next 6-12 months.
The price of shares in Compass Group slipped 2.77% after it reported a 36% organic drop in revenues for the three months ending 30th September.
FTSE 250 defence manufacturer QinetiQ saw its share price climb by 3.57% after reporting a strong second quarter performance.
It has been a difficult period for investors in UK small cap stocks, but a strong uptick in the performance in August could be a sign that buyers are starting to return.
In this weekly summary, Mark Watson-Mitchell updates his readers on previous company profiles and other news of interest from the exciting world of small cap stocks…
The price of shares in plumbing and heating products distributor Ferguson PLC increased by 5.93% despite the firm reporting a 4.8% decline in pre-tax profits.
Greggs saw its share price sink 7.13% after reporting that sales during the four weeks to 26th September were 76.1% of their 2019 level.
The share price of Synectics has dropped 8.92% after the firm warned that a recovery in the digital gambling sector during the second half was now unlikely.
IPOs have been few and far between this year, but there are two new investment trusts that are about to take advantage of the attractive opportunities in the UK.
The price of shares in drinks manufacturer Diageo climbed by 7.61% to 2,713.50p after management providing a sales update ahead of its AGM.