By Steve Moore | Tuesday 31 July 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.
A trading statement from LED lighting products, wiring accessories and portable power products manufacturer and distributor, Luceco (LUCE) includes “the group expects to deliver year-on-year adjusted operating profit growth in the second half of 2018. The group's order book has improved and management remain confident in the group's long term growth potential”. So why currently a decline of more than 8% in the share price, to 34p, in response?...
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