The Ocado share price sunk to a new 2020 low on Tuesday following a devastating fire at a London fulfilment centre that caused severe supply disruptions. Ocado Group plc (LON: OCDO) edged slightly higher yesterday, finishing Wednesday at 1,786p, increasing just +0.001% on the day. As if Ocado didn’t have […]
The Ocado share price will be in focus today after a major fire happened in the company’s biggest warehouse. The OCDO stock ended the week at 1,805p and has declined in the past four consecutive days. Ocado news. Ocado is a leading technology company headquartered in the UK. It makes […]
The Ocado share price is not doing well. The OCDO stock has crashed by more than 36% from its highest point this year. It is also loitering slightly above a key support level, as I will mention below. Ocado news. Ocado was a key winner during the coronavirus pandemic as […]
The Ocado share price is in the spotlight on Tuesday after the company announced strong quarterly results. The stock ended the day at 1,985p, which was about 31% below the year-to-date high of 2,923p. It is also about 100% above the lowest level in 2020. Ocado earnings. Ocado published relatively […]
The Ocado share price has crawled back this month after struggling in the previous months. The stock is trading at 1,982p, which is about 9% above the lowest level in May. It is still 32% below the highest level this year. The firm has a market capitalization of more than […]
The Ocado share price has continued its descent after partner Marks and Spencers reported a huge operating loss and future store closures. Earlier in the week, my colleague braced OCDO investors ahead of the Marks and Spencers earnings. Sadly for the longs, he was right to be worried. Ocado had […]
The Ocado share price has been in a tight range in the past few days as investors reflect on the company’s growth after the UK reopens. The stock is trading at 1,980p a day ahead of the corporate earnings by Marks & Spencer, its strategic retail partner. Ocado news: Ocado […]
Ocado is trying to shore up the dwindling fortunes of its share price with an ambitious rebrand. Ocado, the world’s largest online grocery retailer, is set to launch its largest ad campaign ever, targeting social media, print media, as well as London Bus stickers with its new catchphrase, “there’s an […]
Grocery sales in the UK rose 6.5% in the four weeks leading to April 18 as vaccinated elderly shoppers are cleared to return to physical stores. According to market research firm Kantar, this period marked the busiest time for grocers in more than one year, with a 4% month-on-month increase […]
[adrotate group=”3″] The Ocado share price declined yesterday ahead of key earnings by rivals like Tesco and as the UK economy started its reopening. The OCDO stock ended the day at 2,100p, which was slightly below the Friday’s high of 2,155p. The company is valued at more than £15.74 billion. […]
