London close: Stocks rise as US inflation slows more than expected
11th Jul 2024 15:01
(Sharecast News) - London stocks ended Thursday on a high note, buoyed by favourable economic data from both sides of the Atlantic.
Read moreMoonpig slumps as investors offload 35m shares in placing
11th Jul 2024 08:35
(Sharecast News) - Moonpig slumped on Thursday after a group of investors sold 35m shares in the company in a placing via Citi, JPMorgan and Jefferies, raising proceeds of approximately £61m.
Read moreDeutsche Bank upgrades Currys, Kingfisher and Moonpig to 'buy'
9th Jul 2024 10:13
(Sharecast News) - Deutsche Bank upgraded Currys, Kingfisher and Moonpig on Tuesday to 'buy' from 'hold' as it turned more positive on UK retailers.
Read moreLondon close: Stocks fall as US inflation pressures ease
28th Jun 2024 17:23
(Sharecast News) - London's stock markets closed lower on Friday, influenced by new economic data from the United States indicating a slowdown in consumer spending, despite a reduction in inflationary pressures.
Read moreBerenberg lifts Moonpig price target
28th Jun 2024 11:29
(Sharecast News) - Berenberg lifted its price target on Moonpig on Friday to 280p from 265p as it said the strategic initiatives implemented by management are bearing fruit.
Read moreLondon close: Stocks mixed ahead of key UK, US data
27th Jun 2024 15:48
(Sharecast News) - London stocks ended Thursday's trading session with a mixed performance as market participants awaited crucial US inflation data and UK GDP figures set to be released later in the week.
Read moreMoonpig hails strong year, shares jump
27th Jun 2024 09:36
(Sharecast News) - Shares in Moonpig Group sparked on Thursday, after the online greeting card retailer posted a jump in annual sales and profits.
Read moreLondon 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.
Read moreMoonpig 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.
Read moreLondon 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.
Read moreMoonpig 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.
Read moreBerenberg 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".
Read moreLondon 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.
Read moreMoonpig 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.
Read moreMoonpig 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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