Editing Babylon Holdings Limited
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'''Omicron Variant (November 2021)''' | '''Omicron Variant (November 2021)''' | ||
Adding to an already tough first month of being public, in November 2021 reports of the new Omicron COVID-19 variant spread around the globe. After a period of hope that the worst of pandemic was over, the stock market rally was stunted by reports of rekindled restrictions | Adding to an already tough first month of being public, in November 2021 reports of the new Omicron COVID-19 variant spread around the globe. After a period of hope that the worst of pandemic was over, the stock market rally was stunted by reports of rekindled restrictions to stop the spread of the new variant. A move that would again lead to economic slowdown, investor risk appetite fell due to the uncertainty towards the near future. This lead to a large collapse in global equities, hitting Babylon as hard as anyone else. | ||
'''Reverse stock split (December 2022)''' | '''Reverse stock split (December 2022)''' |