ASOS has performed terribly but has some speculative potential from this level if you can accept the risks
By Gary Newman | Wednesday 25 October 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.
It was once one of the big success stories amongst smaller companies, having grown the business to the level where the market cap was worth billions, but in more recent times fashion retailer ASOS (ASC) has fallen on hard times. So, what might the future hold?
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