AIM new arrival in January swiftly achieves a bonkers valuation
It was a slow start to the new year for AIM, with the index creeping higher and only two new arrivals, although one has unexpectedly seen its shares soar in quick time. Our regular update here covers all the newcomers to AIM in January 2021.
London’s AIM market had a somewhat lacklustre start to 2021, although its value still hit a new month-end all-time high, and continued to outperform the UK main market, just. Our monthly update here covers all the newcomers from January and comments on a newcomer to look out for in February. At the end of January 2021 there were 816 companies on AIM, with the total market value £131.9 billion, another record period end. This compares to 819 companies at the end of December 2020 when AIM’s market value was £131 billion. There were 2 genuine new arrivals in the month,…