ITM Power surges 26% on 8x average volume to a new 52-week high, powered by £40M state investment
UK hydrogen electrolyser maker ITM Power (ITM.L) surged 26.4% on April 16 to close at 131.5p on volume of 36 million shares — roughly 8x its 20-day average of 4.5 million — setting a new 52-week high that exceeds the prior annual peak of 98.8p by 33%. The move follows a £40 million strategic equity investment by Great British Energy announced on April 10.
Supporting 7 queries
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Conclusion
Close Apr 16: 131.5p vs open 104p (+26.4%), volume 36,054,122. 20-day avg volume (Mar 16–Apr 15): 4,487,899 → ratio 8.0x. Prior 52-week high (Apr 16 2025–Apr 15 2026): 98.8p — new high exceeds it by 33%. GBE £40M investment news published Apr 10.