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December share price boo-boo at boohoo

By Chris Bailey | Thursday 16 December 2021


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 week (and a bit) before Christmas and all is not well. Certainly it is nothing to do with immediate prospects for the FTSE 100 judging by today’s move, nor with the Bank of England which should have already previously raised interest rates in my opinion or even that Britain hit a record 78,000 Covid cases yesterday. Rather it is to do with the online fashion retailer boohoo (BOO), which fortunately I don’t own (but from which I am certain that at least one of my daughters has purchased something this year).

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