By Chris Bailey of Financial Orbit | Sunday 14 November 2021
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.
Five months, ago here, I observed that the ‘British luxury clothing retail company’ Ted Baker (TED) ‘remains a sell for me’. Their shares back then were at about a 155p share price and they finished Friday at a level of 130p. So even though the shares may be slightly up over the last year, any owner since 2017-18 has seen a near 90% share price fall.
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