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MINDING THE LSE’S BUSINESS

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I hope you never bought Just Eat!

By Tom Winnifrith | Sunday 29 May 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.


I may have used Just Eat Takeaway.com (JET), the “multinational online food ordering and delivery company”, once for a family treat. I only did so, however, when it was giving a special offer to new users. I'm sure you'll guess why the share is down 55% year-to-date, and 75% over the last year - despite there being more customers since Covid.  So, what should investors think about the c. £4 billion market cap company?

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