Everything was riding on another round of earnings upgrades... and they didn’t happen
Thursday 10 Oct 2019 Author: Daniel Coatsworth
To be a good investor you must be able to understand why shares are moving in a certain direction. Greggs’ ( GRG ) 12.5% share price drop on 1 October upon publishing a new trading update is a perfect example to study. At first glance, the trading update looked very positive and so the large fall may have been difficult to comprehend. But once you obtained a better understanding...