Boohoo Share News (BOO)
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Wed, 25th Oct 2023 14:40
(Sharecast News) - Mike Ashley's Frasers Group went on a shopping spree on Wednesday, picking up more shares in both Boohoo and Asos.
The company - which owns Sports Direct, House of Fraser, Flannels, Evans Cycles and Jack Wills, among others - lifted its stake in Boohoo to 16.5% from 15.1%.
It bumped up its stake in online fashion retailer Asos, to 12.6% from 10.7%.
Frasers has also built stakes in AO World, Currys, N Brown, Hugo Boss and Mulberry.
(Sharecast News) - Credit Suisse has downgraded Boohoo on growing headwinds, sending the shares in the fast fashion retailer lower.
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(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday afternoon:
Read more(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:
Read more(Sharecast News) - Boohoo shares slumped on Friday after Shore Capital cut its rating on the fast-fashion retailer to 'hold' from 'buy' on valuation grounds, also citing a lack of catalysts and challenges ahead.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(Alliance News) - Trading was tense ahead of Wednesday's Federal Reserve decision, with stocks in London sinking even though a hefty 50 basis point US interest rate hike is overwhelmingly priced in.
Read more(Alliance News) - Stock prices in London were lower at midday on Wednesday ahead of a key interest rate decision by the US Federal Reserve as investors look for clues on the outlook for monetary policy.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more(Alliance News) - boohoo Group PLC shares plummeted on Wednesday after the online retailer posted a sharp annual profit plunge driven by high item return rates, subdued consumer confidence and international woes.
Read more(Sharecast News) - Fast fashion retailer Boohoo Group reported a sharp decline in annual profits on Wednesday and warned of a difficult year ahead, causing the shares to tumble.
Read more(Alliance News) - Stock prices in London opened lower on Wednesday amid caution ahead of the US Federal Reserve's interest rate decision, while Flutter Entertainment bucked the overall market trend after posting upbeat quarterly results.
Read more(Alliance News) - JD Wetherspoon on Wednesday said sales improved steadily since the ending of all Covid restrictions, but the pub chain said virus woes have been replaced by "considerable pressure on costs" as a new source of concern.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Sharecast News) - Analysts at Deutsche Bank slashed their target price on clothing retailer Boohoo from 230.0p to 140.0p on Tuesday, stating the firm was set to see "more of the same".
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