Litigation funder Burford Capital reported Thursday that it generated $486 million in cash during the first half of 2020, sending stock prices in London upwards as the company prepares for a public listing on the New York Stock Exchange later this month.
Burford’s shares on London’s AIM exchange rose 7.5% on the news that receivables climbed by 35% compared to the same period in 2019, closing trading at £672.
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