(Reuters) – Shares of British makeup brand Revolution Beauty soared as much as 54% after a suspension of trading of the company’s stock was lifted on Wednesday.
Revolution Beauty’s shares were suspended from trading on Sept.
1 last year, after the company’s auditors raised concerns about its financial accounts and the company failed to publish its 2022 annual results.
Shares in the company were up 54.2% at 29.3 pence as at 0738 GMT.
(This story has been corrected to fix the company descriptor to ‘makeup’ brand from ‘market’ in paragraph 1)
(Reporting by Radhika Anilkumar in Bengaluru; Editing by Janane Venkatraman)
