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Is Moonpig a mad or amazing new share?

By Chris Bailey of Financial Orbit | Tuesday 2 February 2021


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Are you a fan of Moonpig (MOON)?  I guess you have seen the company do a TV advert to try to get you to buy for somebody’s birthday one of its cards.  Personally I have never used it as unsurprisingly I do not care that ‘It’s Even Easier on the AppMoonpig on the go, anytime, anywhere!’ but clearly some people do.  Anyhow earlier today the list price was 350p for a value of £1.2 billion…and as i write the share price is over 430p.  Hello the 22% day one move!

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