- Oxford Nanopore up 5.9% on sequencing tech selection - Shares down 40% amid growth stock sell-off - CEO confident of enabling even more discoveries Shares in Oxford Nanopore Technologies (ONT) rallied 5.9% to 269.5p on the news the DNA sequencing company’s technology has been selected for the 1000 Genomes Project, led by University of Washington and Seattle Children’s ...

Are you looking for the next big thing? Rather than risk all your money on a single stock, intellectual property investor IP Group (IPO) will give you exposure to a portfolio of promising companies, each with a bright idea and the potential to make big money in the future. Not everything will be a success in its portfolio, but it only needs a handful of winners each year to make ...

THIS IS AN ADVERTISING PROMOTION PrimaryBid believes it’s time that you get the same access to public market offers as institutional investors. That’s why it built its platform with the aim of providing better, fairer and completely free access to public market investments that aren’t typically available. WHAT PRIMARYBID DOES Backed by the London Stock Exchange, PrimaryBid sits at the ...

Our latest review of the best and worst earnings revisions across the FTSE 350 throws up a few surprises in terms of sectors and individual stocks, particularly in the light of their relative performance. There are three distinct clusters of winners, split between investment, real estate and consumer discretionary companies. Among the investment companies, Molten Ventures ...

Tensions between America and China have escalated in recent months. This has been due, in part, to a Chinese preference for its companies to list closer to home coupled with reports that it is intending to ban companies from listing on foreign exchanges. The Biden administration has exacerbated this situation by placing a dozen Chinese companies on a trade blacklist. And the US Securities and ...

Global markets regained some composure after Friday’s sell-off caused by the emergence of a new virus strain Omicron which has reached at least 12 countries. Some calm was reinstalled after vaccine makers said they could make new formulae to combat the new virus strain within weeks. Asian markets steadied with China’s SE Composite almost flat and Japan’s Nikkei 225 index losing ...

PrimaryBid believes it’s time that you get the same access to public market offers as institutional investors. That’s why it built its platform with the aim of providing better, fairer and completely free access to public market investments that aren’t typically available. WHAT PRIMARYBID DOES Backed by the London Stock Exchange, PrimaryBid sits at the heart of the financial ecosystem and ...

One of the leading players in the surge in UK mergers and acquisitions since the pandemic struck has suggested the wave of deals could come to an end soon. In an interview with Bloomberg, Philip Noblet, head of UK investment banking at stockbroker Jefferies, suggests the takeover trend is 70% over and British stocks are becoming less appealing versus their global peers. ‘There’s more to ...

THIS IS AN ADVERTISING FEATURE Jamie Ross, Fund Manager of Henderson EuroTrust, provides a snapshot of the typical analysis undertaken on every company considered for the portfolio. In this case, he explains the rationale behind the inclusion of the German meal kit company Hellofresh. When considering an investment for the Henderson EuroTrust portfolio, we tend not to focus on market ...

Developer of intellectual property-based businesses IP Group (IPO) said it achieved a 9% return on first-half net asset value to £1.44 billion and cash realisations of £111.4 million. The shares dipped 0.2% to 123.8p, which represents an 8.6% discount to the 30 June net asset value per share of 135.4p. The firm’s portfolio continued to mature, resulting in strong cash generation from ...

Shares in RIT Capital Partners (RCP) ticked 0.6% higher to £25.70 as the capital preservation trust reported an impressive 19.1% net asset value (NAV) total return for the half ended 30 June 2021, outperforming both inflation and the MSCI All Country World Index’s 12.2% return. Private investments generated particularly strong returns for the flexible investment trust, notably the successful ...

London’s FTSE 100 opened lower on Thursday after the US Federal Reserve brought forward the timeline to begin tightening interest rates, with two hikes now forecast in 2023. AJ Bell financial analyst Danni Hewson commented: ‘For now investors seem to largely be taking these developments in their stride – perhaps reassured by Fed chair Jay Powell’s comments that the guidance for two ...

UK stocks failed to keep pace with European markets on Wednesday, with the FTSE 100 index down 25 points or 0.4% to 7,070 points in early trading as weakness in insurers and house builders offset meagre gains for travel and leisure stocks. Brent crude prices rose to $72.50 per barrel on signs of strong demand in the US and Europe, while concerns over Iranian supplies coming back to the market ...

The problem many investors have with IPOs (initial public offerings) is that much of the big value creation has already been had as a private company. Take THG (THG), for example, a stock investors piled into in their thousands once it hit public markets. Launched in 2004 by founder Matthew Moulding, the online retail business was backed by US private equity firm KKR 10 years later, reportedly ...

Shares in developer of intellectual property businesses IP Group (IPO) gained 2.6% to 128.5p on Wednesday after announcing that two of its portfolio companies have been acquired resulting in a 4% uplift to net asset value. Liquid biopsy company Inivata, whose innovative products help to detect and treat cancers, has been acquired by Nasdaq-listed NeoGenomics for $390 million after exercising a ...

DNA sequencing biotech company Oxford Nanopore has raised £195 million of fresh growth funding ahead of its planned London listing later this year that could value the business at up to £4 billion. The new funding comes as a surprise given that Oxford Nanopore had previously said it was ‘well-funded for the next phase of corporate development’, having raised £613 million in several ...

Scientific technology firm Oxford Nanopore, which spun out of the University of Oxford in 2005, surprised the market with the recent announcement it is looking to float in London in the second  half of 2021. The firm, which makes next generation DNA/RNA sequencing technology, says its aim is ‘to disrupt the way that biological analyses are currently performed, and open up new applications ...

IP Group (IPO) 122.6p Gain to date: 47.7% Original entry point: Buy at 83p, 15 October 2020 Developer of intellectual property-based ventures IP Group (IPO) is trading at its highest level since 2018, rewarding our positive call on the stock in October 2020. The latest run for the shares followed a strong set of full-year results (10 Mar). The company even unveiled a maiden ...

Website reviews and recommendations engine Trustpilot (TRST) has announced that it plans to list stock in an initial public offering (IPO) in what will be seen as a victory for London’s main market. Details on pricing and valuation remain thin on the ground but the company hopes to raise a modest $50 million to fund growth and pay down debt. Denmark-based Trustpilot was founded in 2007 and ...

When Moonpig (MOON) listed on the London stock market earlier this month it used a plethora of buzzwords to describe itself. It called itself a ‘platform’, talked about its ‘proprietary technology and apps’ and said it leaned heavily on ‘data science’. This may seem curious for a business that basically sells an extensive range of greeting cards. As one analyst told Shares, it’s a ...