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Updated · MarketWatch · May 8Weir Group shares fall 1.65% in weak market session
6 articles · Updated · MarketWatch · May 8
- The stock closed at £25.00 as the FTSE 100 fell 0.43% to 10,233.07 on Friday.
- Weir underperformed the broader market and finished 30.17% below its 52-week high of £35.80 reached on 26 February.
- Trading volume was 597,179 shares, well below the stock's 50-day average of 1.2 million, indicating relatively light activity during the decline.
Analysts predict a major rebound as insiders sell. Who is right about Weir Group's future after its stock collapse? With soaring debt and a new CEO, is Weir's green mining strategy a bold bet or a risky gamble for investors?