By Steve Moore | Tuesday 31 January 2017
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Shares in illustrated book publishing group Quarto (QRT) currently trade approaching 9% lower, at 290p, despite a trading update for 2016 including that “a resilient performance in the core publishing businesses means the group expects to report profits in line with management expectations,…”. Ah. “… excluding the impact of our Books & Gifts Direct business”…
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