Alphawave IP Share Slump: In-Depth Market Report Reveals Consequences as Tech Group Goes into the Red

MARKET REPORT: Alphawave IP shares slump after tech group slips into the red




The nightmare continues for technology group Alphawave IP.

Shares in the Canadian company, which listed on the London Stock Exchange at 410p in May 2021, fell another 12.2pc, or 18p, to 129p after another bleak update.

The firm, which designs technology that helps data travel faster, posted an operating loss of £2.1m for the first half of the year having made a profit of £24.5m in the same period last year.

Alphawave IP Share Slump: In-Depth Market Report Reveals Consequences as Tech Group Goes into the Red

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