Micro Focus International – sales warning & “strategic review”. Bottom-line?...
By Steve Moore | Thursday 29 August 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.
Micro Focus International (MCRO) has announced a “Trading update and Strategic review”. Uh oh – strategic review of course usually meaning ‘we’re in trouble and don’t currently know what to do about it’…
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