Don’t buy its shares following recent price slump
Thursday 16 May 2019 Author: Ian Conway
Shares in Metro Bank ( MTRO ) made fresh all-time lows this week, hitting 462.75p after photos appeared of large numbers of customers queuing to withdraw their money amid social media chatter questioning the bank’s financial health. The bank told customers their money was safe and insisted a planned £350m capital raising was still on. Anyone invested in the stock will have been through a rocky ride as the...