When I’ve owned heavily-shorted UK stocks (the ones a lot of hedge funds are betting against) in the past, it typically hasn’t ended well. More often than not, these stocks have gone on to tank, resulting in nasty losses for my portfolio. With that in mind, today I’m going to highlight three UK-listed ...
motleyfooluklse:kgflse:asclse:abdn
The ASOS (LSE: ASC) share price soared as high as 9% this morning (17 April) after the fast fashion group released its H1 FY24 report. However, as I write, the gain had narrowed to 2.8%, putting the stock at 342p. Clearly, it would need a rocket launcher to get back to the 5,374p price it was trading ...
motleyfooluklse:asc
They say a picture paints a thousand words. This is certainly true when it comes to the five-year ASOS (LSE:ASC) share price chart. With the pandemic forcing people to stay at home, the company benefited from a boom in online clothes shopping. And as disposable incomes started to fall, consumers became ...
motleyfooluklse:asc
