WH Smith market cap slumps to just £550m from £3bn pre-pandemic peak

WH Smith

WH Smith investors can’t catch a break. Shares in the travel retailer plunged 18% this week after it issued its fourth profit warning in 12 months and sold discounted shares in exchange for a £100m cash injection.

Wh Smith investors can’t catch a break. Shares in the travel retailer plunged 18% this week after it issued its fourth profit warning in 12 months and sold discounted shares in exchange for a £100m cash injection.

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