5 Killer Stats
70% value down
Metro Bank
Following a series of accounting errors that were announced in January Metro bank, the revolutionary challenger bank, saw a significant drop off in share price in the first quarter of this year. In addition to this, customer deposits have dropped by 4% since January posing a real threat to the bank’s share price which is now at an all-time low.
Climbing
BooHoo
Boohoo.com, the fast fashion retailer, is fighting back the gloom in the retail industry to keep its share price boyount with a 35% improvement already seen this year. After annual results were released the owner of PrettyLittleThing.com and NastyGal showed how the strong financial results were helping to stave off competition, gain market share and take Boohoo global.
35.09m Passengers
Whizz Air
Low cost airline, Whizz Air has shown that a 16.7% rise in passenger numbers and strong operational numbers for the start of the year. Ryan Air also reported a growth in passenger numbers in April.
Watch out!
Roelex IPO
Watches of Switzerland, which also owns the Goldsmiths and Mappin & Webb brands is planning a stock market listing, which could value the luxury retail group at up to £800m. The UK’s biggest retailer of Rolex watches
Down
On Monday this week, Alphabet, Google’s parent company, was down 7% in after-hours trading after the company reported first quarter revenue of $36.34bn. This comes after Google shares failed to meet analyst predictions
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