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Primark Sells Now't in the Lockdown, but the Crashed Shares in its owner could be an Opportunity

By Malcolm Stacey | Wednesday 22 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.


Hello, Share Sifters. Some bad news from Primark. Though it sold £650 million worth of stuff in the previous month, the company says it’s made nothing since. This is because this High Street set-up - one of Britain’s most popular clothing stores - doesn't have an online operation. A badly mauled share price has reflected this...

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