Rentokil Initial shares fall 1.40% in rough market trading
Updated
Updated · MarketWatch · May 8
Rentokil Initial shares fall 1.40% in rough market trading
13 articles · Updated · MarketWatch · May 8
The stock closed at £4.85 on Friday as the FTSE 100 fell 0.43% to 10,233.07.
Rentokil underperformed the broader market during a weak session for UK equities.
The shares finished 4.40% below their 52-week high of £5.07 reached on 15 April, while trading volume of 5.8 million was below the 50-day average of 8.4 million.
With higher sales than its main US rival, why does Rentokil’s stock still trade at a discount?
Can a new CEO's strategy shield Rentokil from a worsening global economic outlook?