The share price of Yü Group rose from 160p to 760p in 7 months from August 2022 to March 2023. That’s a 375% rise when most other shares were suffering in the bear market.
However since hitting this high in March it has dropped 41%. Then this week they released a very bullish trading update and the share price has started to rally Is this the start of a rally that will take it past those previous highs?
The information, investment views and recommendations in this article are provided for general information purposes only. Nothing in this article should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the writer but no responsibility is accepted for actions based on such opinions or comments. Vox Markets may receive payment from companies mentioned for enhanced profiling or publication presence. The writer may or may not hold investments in the companies under discussion.
