US hedge fund Citadel takes 5% stake in Boohoo
Boohoo Group
30.02p
15:45 15/11/24
-2.85%
-0.88p
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
3,528.04
15:45 15/11/24
n/a
n/a
FTSE AIM All-Share
728.67
15:45 15/11/24
n/a
n/a
General Retailers
4,597.92
15:44 15/11/24
-0.15%
-7.02
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.