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IG Design – shares up on interims, so recovery potential?

By Steve Moore | Tuesday 23 November 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.

Previously writing on ‘celebrations, craft, gifting, stationery and creative play products’ group IG Design (IGR), last month with the shares down to around 300p I concluded that its challenges made the valuation still look ‘challenging’. The shares are currently up today on the back of half-year results, but are 245p. So what’s the story now?…

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