Exciting new AIM arrival but more departures in May
It’s great to see an innovative medical device company join AIM, although there were unfortunately plenty of departures in May. Read on here for our introduction to an exciting newcomer.
At the end of May 2024 there were 722 companies on AIM, with the total market value of London's growth market £79.3 billion. This compares to 730 companies at the end of April 2024, when AIM’s market value was £76.6 billion. There were 10 departures in May and 2 new arrivals, both of which transferred from the Main Market. More positively, the AIM index as a whole rose 5.9% in the month, which was ahead of the index of 100 largest Main Market companies which climbed 1.6%. AIM lost another large company in Alpha Group International which moved to the…