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.
Fashion brand company Superdry (SDRY) has confirmed “that it is in discussions with Hilco over an increase to its lending facilities… and an extension to the maturity date of its facilities with Hilco by six months to 7 February 2025”. What of the shares currently down towards 30p, an approx. £30 million market cap, on the announcement having commenced this month at above 40p?
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