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Birmingham Post
Birmingham Post
Business
Jon Robinson

musicMagpie's Walmart deal pleases analysts and investors as shares jump

musicMagpie's deal with US supermarket giant Walmart has sent its shares soaring after investors and analysts reacted positively.

The Stockport-headquartered company announced that its US brand, decluttr, will offer refurbished disc media through Walmart's website. Refurbished consumer technology products are set to follow in the coming weeks.

Following the news, shares in musicMagpie increased by 15% to their highest levels since August 2022.

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