RE: Link to Boohoo and ASOS3 Oct 2023 17:28
Now here's another Casino movement today.
PFC - otherwise known as Petrofac. An Oil Services company that has been winning many contracts, one after the other, and one a Multi-Billion pound European wind farm project with Toshiba.
Today they announce another new £600 Million pound contract. The share price opens up (and rightfully so imvho). However it ends down 2.5% and at a recent low. Yet last week it goes up roughly 10% when Fitch Ups their Credit rating. Just remind me which one of the two would add to the bottom line and profit and loss, and which one doesn't
Complete and utter Fu gazi markets in the UK and zero rationale behind daily price moves up or down in many shares.
That's not just @THG, it's actually across many shares.