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Access Intelligence – lack of profit but still warning. Acquisition “transformative” currently not in a good way!

By Steve Moore | Monday 17 January 2022

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.

Marketing and communications data technology company Access Intelligence (ACC) has made a trading update headlined “Year to 30 November 2021: a transformative year”. That sounds positive… but the current share price response is to 116.5p, more than 23.5% lower! So what’s the story?…

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