Peel Hunt's shares rise due to surpassed revenue expectations and increased UK investment activity.
Peel Hunt shares rise as the firm surpasses revenue expectations, with investment activity increasing in UK markets. Peel Hunt's role as global co-ordinator for Raspberry Pi's IPO and other transactions has contributed to this growth. The London-based investment bank has reported a positive shift in the economic environment, leading to "tentative signs of a pick-up in equity capital markets (ECM) activity" and increased investment banking revenues for the first quarter of the financial year compared to 2023.
July 04, 2024
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