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Business & Finance

Beaten-Down Ocado Shares Show Signs of Revival with 45% Rally

Key Points

Beaten-Down Ocado Shares Show Signs of Revival with 45% Rally Once a market standout, Ocado Group Plc shares are showing signs of life again after a bruising decline. The UK online grocery and warehouse technology firm’s stock has been on a tear, gaining 45% over the past month and surging 18% this week alone.

Beaten-Down Ocado Shares Show Signs of Revival with 45% Rally Once a market standout, Ocado Group Plc shares are showing signs of life again after a bruising decline. The UK online grocery and warehouse technology firm’s stock has been on a tear, gaining 45% over the past month and surging 18% this week alone.
Beaten-Down (PERSON) Rally Beaten-Down (LOCATION) Rally Once (ORG) Ocado Group Plc (ORG) UK (LOCATION)
Originally published by Bloomberg Markets Read original →