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.
London stock market darling, international online fashion and beauty retailer ASOS plc (ASC) has updated that it “continues to trade in line with expectations" with a 37% year-on-year increase in total group revenue (to £342.57 million) for the four months to end December. In light of a market cap which recently exceeded £5.5 billion and a share price fall of 6% today what the xxxx is going on?
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