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XP Power shares tank after bidder bins £470m bid approach
XPP
proactiveinvestors.co.uk18 June 2024
Shares of XP Power Ltd (LSE:XPP) dropped by 19% in early deals after Advanced Energy Industries binned its £470 million bid approach - one of three for the UK power systems group. Advanced walked away after deciding 1,950p a share was as high as it wanted to go, adding that it felt it "captured the potential of future market recovery while factoring in near and intermediate-term market and operational risks facing XP Power as a standalone company".
FAQ
- What is XPP ETF?
- Does XPP pay dividends?
- What stocks are in XPP ETF?
- What is the current assets under management for XPP?
- What is XPP average volume?
- What is XPP expense ratio?
- What is XPP inception date?
What is XPP ETF?
The XPP ETF is an exchange-traded fund that focuses on investing in companies within the pharmaceutical and biotechnology sectors. It aims to provide investors with exposure to innovative healthcare solutions and potential growth in the life sciences industry. Ideal for those seeking diversification in their investment portfolio.
Does XPP pay dividends?
Yes, the ProShares Ultra FTSE China 50 does pays dividends, with
the most recent payment being
$0.18
per share. The last ex-dividend date was on 25 September 2024, and the next ex-dividend date has not been announced yet
What stocks are in XPP ETF?
As of today, ProShares Ultra FTSE China 50 inlcudes 8 holdings
with the most weighted are iShares FTSE China Large-Cap (FXI) SWAP Goldman Sachs International (16.78%), iShares FTSE China Large-Cap (FXI) SWAP UBS AG (15.23%) and iShares FTSE China Large-Cap (FXI) SWAP Societe Generale (12.84%)
What is the current assets under management for XPP?
Assets under management of ProShares Ultra FTSE China 50 is $17 M
What is XPP average volume?
Average volume of ProShares Ultra FTSE China 50 is $45 K
What is XPP expense ratio?
Expense ratio of ProShares Ultra FTSE China 50 is 0.95%
What is XPP inception date?
Inception date of ProShares Ultra FTSE China 50 is 04 June 2009