Boom in online sales during pandemic propels personalized-card company Moonpig to $1.4 billion listing

added 13.01.2021 00:48

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However, Mould cautioned that “bull markets end when the money runs out,” saying that a sudden torrent of new listings, or secondary sales of stock by major shareholders in companies that are already quoted can also be a warning sign.

Greetings-cards retailer Moonpig on Tuesday set out plans to float in London, just hours after boot-maker Dr. Martens also said it was seeking an initial public offering, highlighting the rush of companies looking to take advantage of a rebound in the U.K.’s equity capital markets.

“The announcement of planned by stock flotations by Moonpig, Foresight Group and Dr. Martens in the space of two days could be a good sign.

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