#THG – Q4 and FY 2021 update, argues expects current year adj. EBITDA to be H2 weighted. Hmmm
- 2022-01-18 07:59:59
Shares in The Hut Group, THG plc (THG), listed at 500p in September 2020, then zoomed to 800p but now trade below 200p. Even so this business is still valued by the market at £2.2 billion.
Apparently The Hut Group (THG) ‘is a British e-commerce company headquartered at Manchester Airport … operates over 100 international websites that takes brands direct to consumer through its proprietary e-commerce platform’. How wonderful but the last time I wrote about the stock (here) observed that it was ‘over-loved’. Kind of interesting then to see a big 43% fall in the share price year-to-date.