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IN BRIEF: musicMagpie shares jump with Back Market contract

25th Apr 2022 12:19

musicMagpie PLC - Manchester-based used-technology reseller - Says it has landed a deal to sell consumer electronics on Back Market, an online marketplace dedicated to selling refurbished devices. The launch of its products is scheduled for the end of this month on the Back Market UK marketplace and for mid-May on the Back Market US marketplace. Says the launch adds an additional sales channel and will supplement existing sales through its own websites, as well as Amazon and eBay. Does not disclose the value of the contract.

Current stock price: 54.00 pence, up 14% on Monday

12-month change: down 72%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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