After a slow reporting period through February, it appears that many companies are now beginning to quantify the effect of coronavirus on their operations. We saw yesterday how Hostelbookers saw a hit, today is the turn of Hyve (LON:HYVE) formerly ITE Group. The Hyve Group share price fell today by over 10% to new year … Read more
The Hostelworld share price (LON:HSW) fell over 15% in morning trade today as it released its preliminary results. We would instinctively think that travel-related companies may be badly hit by the ongoing coronavirus crisis. Whilst many companies have played a straight bat and given the ‘cannot be quantified’ statements, Hostelworld have been one of the … Read more
The Topps Tiles share price (LON:TPT) fell over 25% in early trade today as a trading update covering the start of the year brought bad news. On a day where the FTSE 100 index looks like it may fall 3% or more (again), this was unfortunate timing. The share price may seem bad, but in … Read more
The Ricardo share price (LON:RCDO) fell over 15% today in early trading as its interim results contained a bleak warning for the full year, with the second half set to be hit heavily by the coronavirus. This week has not been a good week for firms wishing to bring out a profit warning. The markets … Read more
The Norcros share price (LON:NXR) today slipped over 10% in early trade as the bathroom specialist warned that profits for this financial year would be under expectations: In the bigger picture, the Norcros share price has had a stellar year: starting 2019 at under 200p, it recently surpassed the 300p region last month. They are … Read more