Negative City reaction to disappointing results continues for moment daySports Direct shares have fallen for a moment day after the Guardian’s investigation into its pay and working conditions and destitute financial results.
After an 11% fall on Thursday,the retail group had dropped nearly 3% to 576p at its lowest point on Friday morning, wiping millions more off the value of the company and founder Mike Ashley’s stake. The shares closed down by more than 1% at 586p. Related: Revealed: how Sports Direct effectively pays below minimum wage Continue reading...
Source: theguardian.com