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Burberry: Too Low To Justify Selling
BURBYBurberry(BURBY) Seeking Alpha·2024-07-29 21:32

In fact, the performance was so disappointing for investors, that BURBY dropped by 16% in a single day following the update and is now trading near all-time lows (see chart below). It's down by 42% in the past five months alone, since I last wrote about it in March. YTD 10Y 30 20 10 0 Lu 2023 2011 2020 2018 2013 Exceptionally Weak Q1 FY25 Update British luxury fashion company Burberry Group plc (OTCPK:BURBY) starts off its first quarter (Q1 FY25, quarter ending June 29, 2024) trading update, released in mid ...