Raspberry Pi is trading 11.7% down at £668.00 as the stock undergoes a sharp pullback following last week’s rally driven by an upgraded full-year profit outlook.
- Shares recently surged over 20% after the company reported that first-half profitability would be materially ahead of 2025 and raised its full-year outlook, sending the stock to new highs.
- The current decline is attributed to market volatility and profit-taking following that intense upward move rather than any new negative fundamental news.