All over Sky news . And Boohoo labels shown. Not great for holders. Good luck all but think this will knock profits in the short term. Reputational damage is huge
Yeah big reversal on the Dow from 500 points up to just 11 at close. FTSE futures showing down over 90 points. I bought in here at 2 96 today : (( when is the next earnings announcement and dividend?
Well they better sort it out. Founders have lost £335M in last 2 days, £1.5bn knocked off market cap! Need to resolve quickly for all shareholders and to reassure major holders
Next, Asos and Amazon pulled all Boohoo clothing from sale as growing anger over workers’ pay and conditions at the company’s suppliers resulted in £1.5bn being wiped from the fast fashion brand’s value in two days.
Maybe an RNS statement and response on the supplier suspensions in the morning? Think shareholders need something to put a base to the share price as when the need broke today we dropped from 2.88 to 2.60 . It's all very negative at present and doesn't show any signs of slowing down
Down 35% since last Thursday £4.04 to 2.61 that's some fall for this stock market darling. Its hard to gauge a fair price now but surely this is a harsh punishment already guys? They need to right the ship and fast and be fully open and transparent
People power I admire your defense here but ultimately we wont decide sentiment / price the market will do that and the share price will follow accordingly. I'm a holder too and feel crap like most I suppose. Thought the mini recovery was on until the stories broke. It cant just be the one supplier can it? This things gathering momentum
I read in the Daily Mail that the HSE had issued an Improvement Notice to one Leicester supplier not clear if it was connected to Boohoo though although under that Story Headline. Unfortunately BOO are in a **** storm here and we need clarity quick smart to arrest this