IQE share price slides after hitting 52-week high as takeover-code filings stack up
IQE shares dropped 6.8% to 23.85p in London after hitting a 12-month high of 29.5p earlier Tuesday. The stock remains in a Takeover Code “offer period” with no named bidder, prompting large holders like River Global Investors and Marble Bar Asset Management to disclose position changes. IQE updated its share count and reported new executive share options. No formal offer has been announced.