Raspberry Pi's stock soared over £1bn as a US firm acquired a stake, amid market volatility.

Raspberry Pi, a British tech firm known for its DIY computers, saw its stock value surge to over £1bn, with shares jumping 74% this month after US investment firm SW Investment Management acquired a 3.59% stake. The company, listed on the London Stock Exchange, has sold over 60 million units and is positioned to benefit from the AI and IoT trends. While the FTSE 100 climbed 0.16%, the FTSE 250 fell 0.4%, highlighting market volatility.

3 months ago
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