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magazine2: Profit warnings predicted by Shares
In a week littered with profit warnings, two of the biggest fallers will have been well known to Shares readers.
Antenna systems specialist Laird (LRD) plunged 50% after it admitted full-year forecasts were too optimistic. Shares 25 August headline was Laird Facing Profit Shock.
Back in May, we questioned whether investors in Motorpoint (MOTR) were being sold a lemon after punchy pricing on an initial public offering (IPO). The stock now trades more than 25% lower than its IPO price.
Important information:
These articles are provided by Shares magazine which is published by AJ Bell Media, a part of AJ Bell. Shares is not written by AJ Bell Youinvest.
Shares is provided for your general information and use and is not a personal recommendation to invest. It is not intended to be relied upon by you in making or not making any investment decisions. The investments referred to in these articles will not be suitable for all investors. If in doubt please seek appropriate independent financial advice.
Investors acting on the information in these articles do so at their own risk and AJ Bell Media and its staff do not accept liability for losses suffered by investors as a result of their investment decisions.
