Like many stocks, Hipgnosis took a hammering as the spread of COVID-19 rose to the top of the global news agenda: from London Stock Exchange close on Friday, February 21 to Tuesday, March 17, the firm’s share price shrunk all the way from £108.00 to £87.50, a fall of 19%. Yet since that March 17 low point, the value of SONG has rocketed back up.
Source: The value of music: Hipgnosis’ share price is now HIGHER than it was pre-COVID-19