• 11/26/2024

Hipgnosis Slumps After Slashed Valuation

Wall Street Journal

Hipgnosis shares fell to fresh lows after it said it wouldn’t restart paying dividends for now after an independent report estimated the value of the company’s assets was more than a quarter lower than previous calculations.

https://www.wsj.com/articles/hipgnosis-songs-fund-shares-slump-after-slashed-valuation-5846b82d