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By all means have a Deliveroo delivery a couple of times a year…but don’t buy the shares!

By Chris Bailey | Wednesday 10 August 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.


Back in April I wrote about “The continuing madness of Deliveroo” (ROO) HERE. I am sure there are a bunch of shareholders (and users) of the online food delivery company who are excited to see a c. 3% rise in the company’s shares today. But don’t forget it is still down a mere 52% year-to-date! And if you purchased last year’s IPO, I offer you my commiserations.

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