The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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The biggest crisis today was the fact that Alexa wasn’t working this morning and my children couldn’t listen to the Disney Encanto soundtrack (for the 1000th bloody time).
As they say, every cloud has a silver lining!
AngerSharkz - I don’t really disagree with anything you’re saying, just making the point that 2 shares I’m currently invested in are down a similar amount, percentage wise, over the past 5 trading days.
I remember a few years ago when the arse dropped out of this share and it dropped from £4.90 ish to £3.70 ish (approx) in the space of an afternoon. This share is capable of huge drops in the blink of an eye.
I’m just reading about Netflix’s massive drop after hours last night (circa 20% fall)…seems to be tin hat wearing time in the stock market, across the board.
buy now for monday recovery , US will be in the green today ,nice
AngerSharkz - RMG share price has dropped 7.5% over the past 5 trading days. The 2 stocks I am (relatively) heavily invested in are Lloyds, which is down 6+% in past 5 days and Barclays which is down 7.15% in the past 5 days. So, RMG share price has not fallen off a cliff (as yet).
True, but a fall in retail sales could/should/may/will mean a drop in online shopping resulting in less parcels.
That coupled with most COVID restrictions being eased in England this week means more people back in work/office and less at home online shopping.
yes maybe but next month headlines could be " holiday bookings are up and we are back to normal ",lol
I suspect this was a reason for the hammering of the share price first thing :-
LONDON, Jan 21 (Reuters) - British retail sales slumped in December after consumers did much of their Christmas shopping earlier than usual in November and many consumers stayed at home due to the spread of the Omicron coronavirus variant.
Sales volumes fell by 3.7% from November, a far bigger hit than the 0.6% decline forecast in a Reuters poll of economists and the biggest fall since January of last year when the country was under a coronavirus lockdown.
Compared with December 2020, sales volumes were down by 0.9%, the Office for National Statistics said on Friday.
The Reuters poll had pointed to a 3.4% rise in sales in annual terms.
"After strong pre-Christmas trading in November, retail sales fell across the board in December, with feedback from retailers suggesting Omicron impacted on footfall," ONS Deputy Director for Surveys Heather Bovill said.