Parity Group Profit Warning: Shares in data specialist recruitment company Parity Group (LON:PTY) fell in early trade today as a trading update revealed that it would not meet previous guidance owing to staff shortages. This share price fall was a slow burner, with initial falls being modest but a further drop occuring after lunch. However … Read more
Avon Protection Profit Warning: Shares in protection specialist Avon Protection (LON:AVON) fell sharply in early trade on Friday as a variety of issues led them to reduce guidance for FY21. This was the third profit warning of the same day (following Venture Life and Best of the Best). One thing that these shares have in … Read more
Venture Life Profit Warning: Shares in healthcare products specialist Venture Life (LON:VLG) tumbled on a profit warning on Friday as the company revealed a slowdown in sales would impact profits for this year. Given the already lofty valuation the shares sat on, it was perhaps a surprise that the fall was not more: As we … Read more
Best of the Best Profit Warning: Shares in spot the ball specialist Best of the Best (LON:BOTB) were down almost 50% today as a very harsh profit warning gave new forecasts of profit which were 62% off a few months before. The share price had already been adversely affected earlier in the year which now … Read more
Novacyt Profit Warning: Shares in diagnosic test specialist Novacyt SA (LON:NCYT) fell 40% as a intra-day profit warning was released revealing that its contract with the UK Government to provide Covid-19 testing has fallen into dispute. On a day where the news was dominated by the death of the Duke of Edinburgh, it could be interpreted … Read more