Popular companies in the UK last week? Deliveroo, AstraZeneca and more
Investing.com | Apr 11, 2021 14:50
Here is a list of five of the most popular companies for users on the site in the latest week.h2 Deliveroo/h2
Deliveroo shares have been choppy since the IPO. Reports in the Financial Times suggested that Goldman Sachs (NYSE:GS) bought £75 million worth of shares to prop up the IPO price. On Wednesday, retail investors who partook in the IPO were allowed to begin trading their shares for the first time. Deliveroo shares opened the week at 290.00p before falling to close at their lowest level of the week on Friday at 254.50p.
AstraZeneca (NASDAQ:AZN) has been in the news as the UK and EU health regulators said there may be a link between its Covid vaccine and exceedingly rare, sometimes fatal blood clots. Both the EU and UK said the benefits of the jabs outweigh the risks but the UK recommended that other jabs be used in those under the age of 30 as a precaution. AstraZeneca PLC (LON:AZN) shares opened the week at £71.35, hit a low of £70.45 on Thursday before closing the week at £72.87.
Shares in Cineworld Group (LON:CINE) benefitted from the reopening of cinemas in some US states and strong takings at the box office for Godzilla vs Kong. The film took in £23 million over the Easter weekend, a record opening for a film during the pandemic. Cineworld shares opened the week at 102.70p before hitting a high of 107.70p on Wednesday. Shares closed on Friday at 103.45p.
Tui shares were in focus after the company announced a new convertible bond offering to raise funds ahead of the summer holiday season. The UK also set out their framework to enable international travel to reopen safely. Tui AG NA (LON:TUIT) shares opened the week 395.00p, hit a high of 401.00p on Thursday before closing the week lower at 389.00p.
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UK-listed cryptocurrency miner was again popular on the site after announcing March Bitcoin mining numbers. The company reported record mining revenue in March having mined 165 Bitcoin or Bitcoin equivalent during the month. The UK stockbroker AJ Bell also said the company has been popular on their platform in the last month.
“Argo Blockchain PLC (LON:ARB) also remains popular, as one of the few ways for ISA investors to get exposure to cryptocurrency after the FCA banned the sale of crypto ETFs to retail investors earlier this year,” said AJ Bell financial analyst Laith Khalaf.
Argo Blockchain shares opened the week at 240.00p and hit a low of 215.00p on Friday before bouncing to close at 224.00p.
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