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Updated · MarketWatch · Apr 30B&M European Value Retail shares rise 2.07% in positive market session
9 articles · Updated · MarketWatch · Apr 30
- The stock closed at £1.67 on Thursday as the FTSE 100 gained 1.62% to 10,378.82.
- Despite the advance, B&M shares remain 52.17% below their 52-week high of £3.50 reached on 6 May.
- Trading volume was 3.4 million shares, well below the stock's 50-day average of 8.5 million.
As the wider market rallies, why is B&M's stock recovery met with such low trading volume and investor doubt? Down 52% from its high, can B&M's new CEO and high dividend overcome falling profits and massive debt?