RE: Ashley23 Aug 2025 20:06
Google AI says this:
frasers boohoo 2nd september 2024 price
While an exact share price for boohoo on September 2, 2024, is not available from the search results, it can be confirmed that Boohoo's stock was trading at a low price on that date. News reports from the time noted that Frasers Group had increased its stake in Boohoo to over 26% on September 2.
Key context around the Boohoo price on that date:
The stock had already fallen significantly. A report from late August 2024 described Boohoo's share price as having "slumped" in the weeks leading up to September. A later analysis in September cited a recent 52-week low of 26.48 pence.
The Frasers Group news contributed to volatility. The announcement that Frasers was increasing its stake was part of an ongoing and hostile battle between the two companies.
The stock was later capped at around 30p. A September 27, 2024, analysis of Boohoo's share price noted that the 55-day simple moving average was at 30.16p, with an August to September uptrend line at 27.54p. This suggests the price hovered in this range during that month.
Frasers was not acquiring Boohoo at this point. The increased stake was part of Frasers' attempt to influence Boohoo's management. A bid to install Mike Ashley as CEO was made the following month.