Raspberry Pi CEO Upton Embraces Meme Stock Label After 94% Rally
The Raspberry Pi trading debut on the London Stock Exchange in London.
Photographer: Carlos Jasso/BloombergEben Upton was on a ski holiday in California on Monday when he noticed shares in his company were ticking up.
Upton, the chief executive officer of Raspberry Pi Holdings Plc, was watching the start of a blistering rally that drew comparisons to the meme stock mania that drove companies like GameStop Corp. to dizzying valuations. Shares in his British maker of small, low-cost computers rose as much as 94% this week.