This post was originally published on this site
THG shares failed to bounce back Wednesday after the internet retailer said it couldn’t explain why the stock dropped so heavily during its capital markets day.
THG UK:THG, which sells beauty and nutrition products online, slipped 3% after a 35% decline on Tuesday. THG said it “notes the fall in the share price yesterday following the Capital Market Event, and confirms that it knows of no notifiable reason for the material share price movement, and that no material new information was disclosed at the event.”
Analysts…
