Made sees shares rebound after major shareholder sell off
Made.com saw its share price jump by almost 8% yesterday after one its major shareholders cut its stake.
Shares rose to 9.7p – they had been up to 10% higher during the day – valuing it at £38.35m. It came after Liontrust Investment Partners cut its stake from 7.76% to 4.95% on Tuesday.
However, the rise as not enough to offset falls in the past week: on 28 July the price was 13p.
Made’s June 2021 floatation was at 193p.