Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Capita (CPI) may have been a marvellous performer between the early 1990s and the mid-2010s, but the “leading provider of business process services, driven by data, technology and people” has had a shocker since. Still, at least its pre-close update on Thursday could mention a “positive operational performance across both divisions”. Is there any share price recovery hope for 2024 after a further 80% share price dump over the last five years?
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