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Updated · MarketWatch · May 6SEGRO shares rally 4.71% in positive trading session
7 articles · Updated · MarketWatch · May 6
- The stock closed at £7.16 on Wednesday as the FTSE 100 rose 2.15% to 10,438.66.
- SEGRO outperformed the broader market but remained 15.18% below its 52-week high of £8.45 reached on 27 February.
- Trading volume was 2.4 million shares, below the stock's 50-day average of 3.9 million, indicating the gain came on lighter-than-usual activity.
With analysts divided on its future, is SEGRO's recent stock rally a sign of recovery or a bull trap? Can SEGRO's AI data centre bet pay off amid a tough property market and rising UK inflation?