Northcoders – from “trading comfortably in line with management expectations” to now expects to be “significantly below” in 8 weeks!
By Steve Moore | Tuesday 19 September 2023
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.
First half of the 2023 calendar year results from software coding training programmes in the UK group Northcoders (CODE) are headlined “Group continues to grow despite challenging macro environment with record demand for consumer training bootcamps”. So what of a currently more than 30% lower share price in response to 130p?
You must be a registered member to read this story
ShareProphets is reader-supported journalism
Join us for free and gain access to three articles per month
Or become a member starting at £6.99 per month for all articles, the Bearcast, and our seven year archive.