Shares in high-technology chip manufacturer IQE (LON:IQE) today plunged almost 40% as a trading update revealed that the company had been adversely hit by the Huawei black-listing by the US among other things. Anyone invested here would have seen a volatile ride to say the least, and today is another test: The share price here… Read More »
Clean water technology pioneers Mycelx Technologies (LON:MYX) today have slumped by over 40% as the latest trading update has revealed that many project bids have over-run and hence will not be delivered to next year. The share price reaction was unforgiving: This is an share with not much liquidity, and any share price moves have… Read More »
Shares in car retailer Pendragon (LON:PDG) fell another 20% today as it warned that following a management review, losses were greater than anticipated. This comes hot on the heels of a profit warning of sorts on the 17th of April which stated that losses would be £10m greater than originally thought, and a review would… Read More »
Shares in clothing specialist Ted Baker (LON:TED) have plunged almost 30% as a tough start to the year has resulted in it issuing its second profit warning in the space of less than four months. The share price has gone under 1000p as a result: Recanting the past, this share has been a disaster for… Read More »
Laser specialist Somero Enterprises, Inc (LON:SOM) today issued a profit warning as a trading update today revealed that it would miss profit expectations for this year. This profit warning hit the share price in early trade although there have been signs of a bounceback: In terms of the bigger picture, Somero has still been good… Read More »
Shares in optical applications specialist Gooch and Housego (LON:GHH) today declined by 25% as its interim results delivered a double whammy. First half profits were down a quarter on the previous year, but perhaps even worse was the fact that the promised H2 recovery cited in a previous trading update will now not materialise and… Read More »
Shares in contractor Kier Group (LON:KIE) took a hammering today as the group announced a £25m hit to profit this year and also a strategic review. The share price decline was gentle at first but picked up in momentum as fear dominated. It is yet to be seen whether this drop goes any further: The… Read More »
Shares in Israeli-based Albert Technologies (LON:ALB) took an almighty fall today as its latest trading update revealed that it would miss full-year market expectations. Formerly known as Adgorithms, this is yet another proprietary software company whose fortunes have taken a tumble in the past year: For long-term holders, this is just the latest disappointment in… Read More »
Shares in recruitment specialist Staffline (LON:STAF) crumbled today by in excess of 50% as a trading update revealed that projected profits for this year were set to miss expectations. The warning didn’t sound too bad on paper, but the share price had a huge reaction, suggesting that more factors may be at play: The share… Read More »
Shares in window specialist Safestyle UK (LON:SFE) today slumped 15% as the turnaround plans it has put into place in the past year have not delivered margin improvements as anticipated. The shares are down at the time of writing: As usual, this isn’t the full picture, and it has been a huge roller-coaster ride for… Read More »