CITY INSIDER
CITY INSIDER
Reuters has had a busy couple of weeks and the Tibco IPO put the icing on the cake for stock market punters. Reuters shares have been on something of a roller-coaster ride over the past month--racing up to above 1,000 pence early in April on analysts' recommendations, then plummeting to 800p about a month later on disappointing first quarter results. The Tradepoint announcement gave the shares some upward impetus, but it was really the Tibco sale that the punters had been waiting for. Shares
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