Open an account Help & support Register Account summary Log out
Skip Header
Home Stock market news

Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

FTSE 250 movers: THG surges again

Fri 16 Oct 2026 14:16

(Sharecast News) - FTSE 250 (MCX) 24,537.15 0.46% Science and technology investor IP Group said portfolio company Microbiotica has closed a £36m financing in which it invested £4m.

Microbiotica, a clinical-stage biopharma company developing a pipeline of orally-dosed, precision microbiome medicines, said the cash will support advancement of its potential treatment for ulcerative colitis into a phase two trial after initial study showed "statistically significant improvements in clinical remission versus placebo".

Following completion of the funding round, IP Group will have an undiluted beneficial holding of 16.4% in Microbiotica, valued at £24.1m.

Microbiotica is a private, clinical-stage, biopharma company developing oral precision microbiome medicines called live biotherapeutic products (LBPs). Its lead programme, MB310, is being developed for ulcerative colitis and has demonstrated promising clinical activity and a favourable safety profile in a Phase 1b study, IP Group said in a statement on Friday.

THG surged again after as it lifted its FY26 adjusted EBITDA expectations on Thursday.

Risers

THG (THG) 34.68p 8.38% CMC Markets (CMCX) 711.00p 4.57% Ceres Power Holdings (CWR) 324.60p 4.30% Rightmove (RMV) 552.40p 4.11% Globaldata (DATA) 67.05p 4.03% ITV (ITV) 66.65p 3.82% Energean (ENOG) 737.00p 3.80% Trustpilot Group (TRST) 273.80p 3.79% Baltic Classifieds Group (BCG) 2.42p 3.60% QinetiQ Group (QQ.) 494.40p 3.48%

FTSE 250 - Fallers

IP Group (IPO) 69.10p -2.95% Ocado Group (OCDO) 291.60p -2.80% Vistry Group (VTY) 234.20p -2.42% Fidelity Emerging Markets Limited Ptg NPV (FEML) 1,402.00p -1.82% Bellway (BWY) 2,082.00p -1.61% Oxford Nanopore Technologies (ONT) 206.40p -1.53% JPMorgan Emerging Markets Growth & Income (JMGI) 160.20p -1.35% SDCL Efficiency Income Trust (SEIT) 34.30p -1.15% Schroder Asian Total Return Investment Company (ATR) 659.00p -1.05% Safestore Holdings (SAFE) 517.50p -1.05%

Share this article

Related Sharecast Articles

Fri 23 Oct 2026 14:57
FTSE 100 movers: Rolls-Royce slides on Safran warning; energy shares gain
(Sharecast News) - London's FTSE 100 was down 0.6% at 10,663.86 in afternoon trade on Friday.
Thu 22 Oct 2026 14:34
FTSE 250 movers: Inchcape tumbles; Renishaw gains on update
(Sharecast News) - London's FTSE 250 was down 0.6% at 24,289.07 in afternoon trade on Thursday.
Thu 22 Oct 2026 14:27
FTSE 100 movers: LSEG surges on acquisition, guidance upgrade; miners slump
(Sharecast News) - London's FTSE 100 was flat at 10,751.42 in afternoon trade on Thursday.
Wed 21 Oct 2026 13:59
FTSE 100 movers: Segro gains after update; Abrdn in the red
(Sharecast News) - London's FTSE 100 was up 0.4% at 10,773.69 in afternoon trade on Wednesday.

Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.

Awards

Award 1
Award 2
Award 3

Policies and important information

Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statements | Cookie policy | Diversity, Equity & Inclusion | Diversity, Equity & Inclusion Reports | Doing Business with Fidelity | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Statutory and Regulatory disclosures | Whistleblowing programme

Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document or Product Summary document which contains important information about the fund.

This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.

© FIL Limited 2026