Filtronic Stock Jumps Again as SpaceX-Linked Rally Nears £1 Billion
Filtronic shares rose sharply in Tuesday trading, extending a steep run in the AIM-listed radio-frequency specialist as investors continued to price in growth from space and defence contracts. Delayed Hargreaves Lansdown data showed the shares at 440p, up 7.06%, while the FTSE AIM 100 was up just 0.20%. The move matters now because Filtronic is trading close to a much larger market value than the small-cap tag investors once attached to it. Hargreaves Lansdown put its market capitalisation at about £962 million, with volume above 4.2 million shares and a previous close of 411p.
