Royal Mail sell off as results don’t deliver
2 mins. to read
FTSE 250 delivery firm Royal Mail Group has saw its share price drop by 6.42% after pre-tax profits for the year ended 29th March fell by 25%.
Financial News
JD Wetherspoon reopening update doesn’t cheer markets
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Shares in FTSE 250 pub operator JD Wetherspoon dropped by 4.72% to 1,071.85p after the company provided a trading update.
Crest Nicholson drops as performance plunges
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Housebuilding firm Crest Nicholson saw its share price fall by 11.96% after reporting a 50% drop in revenues for the six months ended 30th April.
Markets raise glass to Naked Wine results
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Shares in AIM-listed beverage retailer Naked Wines rose by 9.38% after revenues for the year ended 30th March climbed by 14%.
Trading update sinks Rightmove shares
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Shares in FTSE 100 property portal Rightmove tumbled 4.18% to 564.40p after providing a COVID-19 update.
Cranswick posts meaty growth figures
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FTSE 250 food firm Cranswick saw its share price grow by 1.16% after reporting a 16% increase in revenues for the year ended 28th March.
Gear4Music results hit right note for markets
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The price of shares in AIM-listed equipment retailer Gear4music increased by 20.78% after it returned to profit during the year ended 31st March.
Codemasters up on annual figures
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Shares in AIM-listed games publisher Codemasters climbed by 1.54% after reporting a 6.8% rise in revenues for the year ended 31st March.
JD Sports drops as subsidiary enters administration
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The price of shares in FTSE 100 retailer JD Sports Fashion fell by 2.13% after it confirmed that it intended to appoint Administrators at Go Outdoors.
Integumen lifted by wastewater test agreement
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AIM-listed Integumen saw its share price rise by 8.33% after signing a deal to develop and produce testing molecules for detecting COVID-19 in wastewater.