The Ocado share price slipped today as investors digested the latest rankings by Which, the consumer advocacy group. The shares are trading at 2,445[p, which is slightly above the intraday low of 2,355p. This was the lowest it has been since January 8 this year. What happened: In a report […]
Ocado has started the week on a cautious note, even as it confirms a new commencement date for its new Chief Financial Officer, Stephen Daintith. Daitntith, who was previously at Dow Jones and News International, resumes on March 22. He will be taking over from Duncan Tatton-Brown, who is stepping […]
Ocado’s share price has taken a beating this Wednesday, after the company’s lacklustre earnings report was released to the market. The consumer shopping shift which occurred when the coronavirus pandemic hit allowed the company to pull in record sales of more than £2billion for the first time ever, but this […]
Ocado share price is under intense pressure ahead of the company’s annual reports scheduled for tomorrow morning. The shares are down by more than 1% today and are trading at 2,781, which is below the year-to-date high of 2,900p. What’s happening: Last week, we received important corporate earnings from leading […]
Ocado share price has surged to its highest levels in four months as it opens 1.3% higher this Monday. This surge is coming on the back of a major rebrand of the company’s website, images, and logos. The company says that this has been done to provide an “ownable identity” […]
Ocado share price has declined by more than 0.65% today as traders react to the latest economic data by the British Retail Consortium (BRC). OCDO shares are also falling because of the looming shortages due to the coronavirus pandemic. It is trading at 2,485p, which is slightly below this year’s […]
Ocado looks set to end the week higher as online shopping demand goes through the roof due to the national lockdown. Panicked UK shoppers have thronged to online shopping sites and are subjecting sites of popular retailers such as Ocado and Tesco under heavy strain. Delivery slots are said to […]
Ocado share price is down by more than 2% becoming one of the worst-performers in the FTSE 100 index. The stock is trading at 2,346p, which is relatively lower than yesterday’s highest point of 2,435p. What happened: Ocado had a relatively successful holiday, according to the latest figures by Kantar. […]
The FTSE 100 is set to open lower today in part because of the stronger British pound. Futures tied to the index are trading at £6,390, which is still higher than this week’s low of £6,315. What happened: The FTSE 100 index is probably rising because of the rising sterling, […]
Ocado share price is flying today. Up by more than 3.50%, the stock is the second-best-performing in the FTSE 100 index after Fresnillo. It is trading at 2,285p, bringing its total market cap to more than £17 billion. What’s happening: For starters, Ocado is a major e-commerce platform in the […]
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