Updated
Updated · MarketWatch · May 73i Group shares slide 1.87% in weak London market
8 articles · Updated · MarketWatch · May 7
- The stock closed at £26.19 as the FTSE 100 fell 1.55% to 10,276.95 in Thursday's broadly negative session.
- 3i Group underperformed the wider market and finished 41.77% below its 52-week high of £44.97 reached on 27 October.
- Trading volume was 1.5 million shares, well below the 50-day average of 2.5 million, indicating lighter-than-usual activity during the decline.
With its stock down 40%, is 3i Group a deep value buy or a classic investment trap? Is geopolitical turmoil masking deeper problems within 3i Group's star retail investment, Action? Can a Dutch discount giant conquer America, or will Action's US gamble prove disastrous for its owner 3i?