R&Q shares trade down 8% following potential split announcement
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

R&Q shares trade down 8% following potential split announcement

Samuel Casey
April 05, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
R&Q logo new york 2023.png

R&Q shares traded down over 8% yesterday following the announcement that the company is considering separating its program management business Accredited from its legacy division.

Shares closed trading at 66 pence on Tuesday, having closed on Monday at 72.45 pence.

R&Q announced the exploration of the business split yesterday in conjunction with its 2022 results, in which it booked a $30mn-$40mn pre-tax operating loss for...

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsStocks
sam casey/sam casey ii us.png
Samuel Casey
Senior Reporter
Contact
Gift this article