By Steve Moore | Tuesday 7 May 2019
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 Update” from John Lewis Of Hungerford (JLH) commences that “we remain confident that the business continues to trade positively with deposits taken tracking ahead of those taken in the same period in the prior year” and also includes “sales for the second half are expected to be approximately 10% ahead of the prior year”. The shares have responded… er, currently to below 0.6p – more than 11% lower!...
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