AIM new arrival and leavers Feb ‘24
AIM welcomed one interesting newcomer in February, but leavers outnumbered the new joiner. Read on here for our thoughts on another difficult month for small caps and the junior market. (Free to read)
The AIM index fell 2.4% in February 2024 pushing it 3.5% lower for 2024. In comparison, the index of 100 largest UK companies was flat in February and 1.3% lower for the year. AIM’s overall value at the month end declined to £76.1 billion, which compares to £79 billion at the end of 2023, with the number of companies falling to 742 from 753 at the prior year end. The steep fall in value was attributed to several Larger companies leaving in 2024 to date, notably Hotel Chocolat, which was acquired by Mars for £534m, and DX Group, which was…