By Steve Moore | Tuesday 12 April 2022
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.
Products for parents and young children franchising company Mothercare (MTC) has announced an update for its year ended 26th March 2022 including “adjusted EBITDA of £11.5 to £12 million for FY22, ahead of analysts’ expectations” and “encouraging initial feedback from recent focus on product quality and design”. So why have the shares currently responded approaching 8% lower to 10p?...
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