Ocado’s share price plummets 16.5% on financial results

Online grocery platform saw its share price plummet by 16.5 per cent despite reporting a rise in revenue and a narrowing of losses. The grocer saw a 14.1 per cent rise in revenues to £3.2bn and a loss before tax of £374.5m for the year to December 1, 2024 – down from £393.6m in 2023. … Continue reading Ocado’s share price plummets 16.5% on financial results