RE: Irregular trading?12 Feb 2022 10:39
@fordm
for once I don't disagree with you, I think there has been an attack on THG and Darktrace and Wise and I believe there are forces about who want the UK stock exchange supressed due to brexit and other nations not wanting us to be a financial haven like Singapore or Switzerland. I think this is likely why the FTSE100 is in line currently with pre-pandemic levels and many other global indexes are currently at least 40% higher than pre-pandemic levels.
However, to be fair, a lot of US tech IPOs/SPACs have been pushed down a lot states too. e.g. palatir (-70% from high), coinbase (-55% from high), spotify (-58% from high), peloton (-80%), SQ/Block (-62%), Sofi (-56%). So I think in THG/DARK/WISE case it's probably more a rotation from tech into other categories currently, and we should expect a reversal back at some point within the next few months