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Reality is (partially) kicking in for Rightmove...but you can still happily avoid the shares

By Chris Bailey | Monday 4 December 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.


I must admit that I am slightly surprised that Rightmove (RMV) shares are slightly up year-to-date and I wrote just over four months ago that "you may still love its website, but life is getting tougher for Rightmove plc". Can none of us get enough property market hype, naively thinking that every fall is an opportunity to buy?

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