THG is trading 5% up at £31.90 as investors rotate back into recently weakened names amid a generally risk-on backdrop in global equities.

  • The stock has recently experienced volatility, consolidating within the £30–32 range.
  • There are no fresh company-specific headlines, earnings reports, or analyst rating changes tied to today's price action.
  • The move appears driven by broader market sentiment rather than a new THG-specific catalyst.