B&M shares under pressure amid turnaround uncertainty

B&M welcome

B&M shareholders have endured another week of fresh volatility as first-quarter trading disappointed the City and the discounter’s turnaround plan appeared to stall

Shares sank by more than 6% to 189p in reaction to the news, before staging a partial recovery on Thursday. The stock is up more than 20% this year as markets backs Jegen’s turnaround, but the share price remains 13% lower over a one-year period and more than 60% down on five years ago.

Already have an account? Sign in here

Want access to this article?

Register for LIMITED access

REGISTER FOR FREE

Get PREMIUM access for £1 a week

SUBSCRIBE NOW