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Focusrite ( (GB:TUNE) ) has provided an update.
Focusrite PLC has announced a change in its major holdings, with Liontrust Investment Partners LLP increasing its voting rights in the company to 15.0697%. This adjustment in ownership reflects a slight increase from their previous position, indicating a strategic move by Liontrust to strengthen its influence within Focusrite. This change may impact Focusrite’s strategic decisions and could have implications for its stakeholders, as it suggests increased confidence from a significant investor.
More about Focusrite
Focusrite PLC is a UK-based company operating in the audio technology industry, primarily known for its production of audio interfaces and music production equipment. The company focuses on providing high-quality audio solutions for musicians, producers, and audio professionals worldwide.
YTD Price Performance: -25.00%
Average Trading Volume: 162,104
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £114.4M
See more data about TUNE stock on TipRanks’ Stock Analysis page.