RE: RNS2 Nov 2022 10:06
"This is not the development the luxury carmaker needed. Its valuation has already motored downwards since listing just a short time ago, with genuine questions being raised about the sustainability of the group's long-term growth drivers. Volume downgrades should also come with a dose of healthy scepticism, with it being possible that weaker demand, not just supply issues, could be lurking beneath the surface," said Hargreaves Lansdown's Sophie Lund-Yates.