Pendragon plc (GB:PINE) has released an update.
Citigroup Global Markets Limited has significantly increased its stake in Pendragon plc, crossing a notable threshold as of May 7, 2024. The financial giant now holds 7.15% of Pendragon’s voting rights after acquiring additional shares and financial instruments. This move could signal Citigroup’s growing interest in Pendragon’s market potential and strategic direction.
For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.
