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Dignity - shares mourn as the CMA launches a funeral sector review

By Chris Bailey | Friday 1 June 2018

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 noted in my last write-up on under pressure funeral operator Dignity (DTY) that in its last earnings conference call they wished they could be more precise about future prospects. Well all the coffins are in the air again today as the Competition and Markets Authority (CMA) has announced 'a review into the £2 billion funerals market to ensure that people are not getting a bad deal'. Ouch.

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