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Updated · MarketWatch · Apr 30Vodafone Group shares rally 2.4% and outperform market
7 articles · Updated · MarketWatch · Apr 30
- The stock closed at £1.17 on Thursday as the FTSE 100 rose 1.62% to 10,378.82 in a broadly positive UK trading session.
- Vodafone ended 3.06% below its 52-week high of £1.21, reached on 18 February.
- Trading volume was 43.4 million shares, below the 50-day average of 60.3 million, indicating the gain came on lighter-than-usual turnover.
Is Vodafone’s turnaround a real recovery, or will its massive debt and competition ultimately sink the company? Can Vodafone's futuristic investments in AI and satellites overcome the challenges of its legacy business and massive debt?