Half Year Results 

Midwich shares hit despite good results

Midwich shares hit despite good results

Tech group Midwich (MIDW) has enjoyed a stonking run since it first listed in May 2016. From their 208p IPO price, the shares have more than tripled in value, breaking through the 700p mark at their peak in July this year. However, strong performances breed high expectations, and shareholders punished the group following the release of a broadly positive set of half-year results, sending the shares down as much as 6 per cent in early trading.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now