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Made sees shares rebound after major shareholder sell off

Made22Made.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.