Adrian Lawrence Podcast

Moonpig celebrate a successful IPO

February 02, 2021 Adrian
Adrian Lawrence Podcast
Moonpig celebrate a successful IPO
Chapters
Adrian Lawrence Podcast
Moonpig celebrate a successful IPO
Feb 02, 2021
Adrian

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

Show Notes

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