|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||0.00 - 0.00|
|Beta (5Y monthly)||2.21|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The latest investor updates on stocks that are trending on Friday.
Investors, who have wiped out 90% of THG’s market value since September 2020, react to the latest development
FTSE 100 closes the week higher as the UK economy returned to growth.
(Bloomberg) -- THG Plc shares plunged Friday after ending talks with Apollo Global Management Inc. in the latest failed takeover attempt of the struggling UK online retailer. Most Read from BloombergElon Musk Picks Linda Yaccarino as Next Twitter CEOFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireTesla Recalls Virtually Every Car It Has Sold in ChinaYellen Says ‘We Have to Default’ on Something If Congress
Announcement adds to rollercoaster week for shares in Matt Moulding’s online retail specialist
‘Isn’t it ironic,’ says Matt Moulding in online polemic taking aim at hedge funds, analysts and the media
Shares in online retail tech company slide after rise on Monday as private equity group circled
The THG share price just surged. Edward Sheldon looks at what’s behind the massive jump in the online shopping company’s shares. The post The THG share price just jumped 40%. Here’s why appeared first on The Motley Fool UK.
A look at the stocks making headlines on Monday.
The company, which was previously called The Hut Group, saw shares surge by over 40% as a result.
The THG share price has been gaining ground in 2023, and I wonder if it might be a good time to buy ahead of any new bull run. The post Is the THG share price too cheap to ignore? appeared first on The Motley Fool UK.
By Scott Kanowsky
Collapse of Silicon Valley Bank (SVB) marks biggest US bank failure since Washington Mutual during 2008 financial crisis
Moves to list the chip designer in US come as UK tries to sharpen appeal.
Company blames falling sales, contract delays and delivery disruption in latest of a number of missed financial targets
Shares slid after the company, previously called The Hut Group, said it is now due to report adjusted earnings of £70m-£80m for 2022.
Shoppers returning unwanted Christmas gifts face an unexpected financial hit after a string of high street stores started charging a fee on items sent back.
Cut-back of cover for suppliers is latest in a series of headaches for founder of the troubled business
British online retail platform THG reaffirmed full-year guidance that was cut in September as it reported third-quarter revenue growth of 2.1%. The group, which has beauty and nutrition businesses as well as e-commerce services, said on Tuesday it was sticking with its full-year 2022 expectation of revenue growth of 10% to 15% and adjusted EBITDA of 100-130 million pounds ($113-$147 million), down from 161 million pounds made in 2021. Shares in THG, formerly known as The Hut Group, have fallen 80% this year.
Founder of online shopping group cements control as Japanese firm offloads its holding at £450m loss
The exit by Softbank marked an end to the Japanese investment group’s disastrous investment in THG, writing off as much as £450 million.
News of the departure is likely to trigger interest from executives across the digital and publishing sectors.
(Bloomberg) -- Adobe Inc. seems like just the kind of technology stock that would provide shelter in a market storm -- a huge, profitable, decades-old company with strong brands and double-digit revenue growth, selling at the cheapest valuation in almost a decade.Most Read from BloombergPutin Calls Up More Troops, Resumes Nuclear Threat Over UkrainePowell Signals More Pain to Come With Fed Sending Rates HigherUN Latest: Japan and South Korea Leaders Met Over Wartime LaborTrump Sued by New York O
Company, which owns sites such as Lookfantastic and Zavvi, blames ‘global macroeconomic conditions’