By Steve Moore | Thursday 2 April 2020
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 “COVID-19 update” from marketing company M&C Saatchi (SAA) includes “all group companies continue to operate and serve our clients, with the majority of offices currently operating a remote working policy… we continue to pitch for new business and there are still some areas where demand for our services remains steady, e.g. our talent and influencer businesses” and that it “remains confident about the liquidity status of the group for the foreseeable future”. The shares are currently still above 31p, however…
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