London close: Stocks finish mixed as US GDP growth slows

25th Apr 2024 15:14

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

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Moonpig tumbles after discounted share placing

25th Apr 2024 09:42

(Sharecast News) - Moonpig tumbled on Thursday after a number of shareholders placed around 25m shares in the company at 160p each, which is a discount of just under 10% to the closing price a day earlier.

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London close: Stocks fall as US inflation tops forecasts

14th Mar 2024 16:33

(Sharecast News) - London's equity markets finished in negative territory on Thursday, driven by a flurry of stocks going ex-dividend and investor reactions to the latest US producer inflation and jobless data.

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Moonpig trading in line; agrees new revolving credit facility

14th Mar 2024 07:56

(Sharecast News) - Greeting cards and gift retailer Moonpig said on Thursday that trading in the current financial year ending 30 April has remained in line with expectations across all of its brands, as it announced a new revolving credit facility.

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Berenberg raises target price on Moonpig following interims

8th Dec 2023 09:02

(Sharecast News) - Analysts at Berenberg raised their target price on online greeting card and gifting platform operator Moonpig from 250.0p to 265.0p on Friday, stating it was "playing the right cards for growth".

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London close: Stocks mixed as investors mull fresh data

5th Dec 2023 15:26

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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Moonpig backs FY guidance as first-half profits rise

5th Dec 2023 07:47

(Sharecast News) - Online gifts and greeting cards retailer Moonpig backed its full-year guidance on Tuesday as it reported a jump in first-half profits.

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Moonpig holds guidance amid challenging conditions

19th Sep 2023 08:48

(Sharecast News) - Greeting card maker Moonpig on Tuesday reiterated half-year revenue guidance as trading remained in line with expectations.

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Berenberg reiterates 'buy' rating on Moonpig

11th Jul 2023 12:56

(Sharecast News) - Berenberg reiterated its 'buy' recommendation on Moonpig on Tuesday as it argued that while the shares have performed well year-to-date, it continues to see a re-rating opportunity.

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Broker tips: Dowlais, Moonpig

11th Jul 2023 07:04

(Sharecast News) - Dowlais tumbled on Tuesday after Citi initiated coverage of the Melrose spinoff with a 'sell' rating and 97p price target, which implies around 20% downside.

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Moonpig hails record Mother's Day performance, backs FY guidance

30th Mar 2023 07:40

(Sharecast News) - Online greeting cards and gift retailer Moonpig backed its full-year guidance on Thursday as it hailed a record Mother's Day performance.

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Moonpig says no material exposure to SVB UK

13th Mar 2023 07:38

(Sharecast News) - Online greeting card and gift retailer Moonpig said on Monday that it has no material exposure to the UK arm of failed US bank Silicon Valley Bank.

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Moonpig and Future say no material exposure to SVB

13th Mar 2023 07:15

(Sharecast News) - Online greeting card and gift retailer Moonpig and media group Future both said on Monday that they had no material exposure to SVB UK.

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Director dealings: Moonpig CEO raises stake

15th Dec 2022 15:13

(Sharecast News) - Moonpig revealed on Thursday that chief executive Nickyl Raithatha had acquired 100,000 ordinary shares in the FTSE 250-listed greeting cards business.

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Canaccord Genuity lowers target price on Moonpig

13th Dec 2022 10:16

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on greetings cards business Moonpig from 232.0p to 205.0p on Tuesday but said the group had "proven its resilience" despite recent macro concerns.

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