US hedge fund Citadel takes 5% stake in Boohoo
Boohoo Group
33.62p
16:40 19/04/24
-0.30%
-0.10p
Boohoo shares rallied on Wednesday as it emerged that US hedge fund Citadel had taken a 5.04% stake in the fast-fashion retailer.
FTSE AIM 100
3,595.66
17:08 19/04/24
n/a
n/a
FTSE AIM All-Share
745.67
17:08 19/04/24
n/a
n/a
General Retailers
3,864.64
17:09 19/04/24
1.57%
59.64
Headquartered in Chicago, Citadel is majority owned by billionaire founder and chief executive Ken Griffin.
At 0955 BST, Boohoo shares were up 3.5% at 57.09p.