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'Raspberry Pi Holdings' Stock Price Nearly Doubles In December
Slashdot reader DevNull127 writes: This year the London Stock Exchange got a new listing for "Raspberry Pi Holdings plc." It's the computer-making commercial subsidiary of their larger educational charity, the Raspberry Pi Foundation. "Access to the public market will enable us to build more of th...
"Access to the public market will enable us to build more of the products you love, faster," explained CEO Eben Upton in June. The Foundation will use any funds that we raise through the sale of shares at the IPO — or subsequently — to advance our ambitious global strategy to enable every young person to realise their full potential through the power of computing and digital technologies." And then in December its stock price suddenly shot up to more than double where it was at the end of November — giving Raspbery Pi Holdings plc a valuation "just under £1.3 billion."
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