Pets at Home’s lockdown trading triggers sell off
Pets at Home saw its share price drop by 9.40% after the company said that enhanced online sales were unable to mitigate the impact of store closures.
Pets at Home saw its share price drop by 9.40% after the company said that enhanced online sales were unable to mitigate the impact of store closures.
Shares in AIM-listed software firm Oxford Metrics dropped by 4.60% after it booked a pre-tax loss for the six months ended 31st March.
Robert Stephens, CFA, discusses why a changing retail environment could be beneficial to FTSE 100 retailers Next, Ocado and Tesco.
The price of shares in FTSE 100 water company Severn Trent increased by 2% after it reported that turnover for the year ended 31st March rose by 4.3%.
Supermarket group Marks & Spencer Group saw its share price climb by 8.39% following the announcement of results for the year ended 28th March.
Shares in AIM-listed Silence Therapeutics rose by 9.77% after saying that it remains on track to submit an FDA application later this year.
There is a clear pattern emerging post Covid-19 with tech and healthcare stocks the big winners and this is reflected in the performance of the associated investment trusts.
Braemar Shipping Services has a strong niche in its sectors and, importantly, it trades at a far cheaper rating than its larger peer Clarkson, writes Mark Watson-Mitchell.
The price of shares in FTSE 100 Imperial Brands dropped by 8.46% after reported operating profits for the six months ended 31st March fell by 19.6%.
Shares in Micro Focus International rallied by 6.52% after saying that first-half revenues for the six months ended 30th April were down by around 11%.