One of the most punished shares in recent times has been Debenhams, and not without good reason: a combination in being in one of the more unloved segments of the market (retail) as well as worsening results has seen the share price take a battering over the years. And things were made no better with the release of the interim results today, which showed profits falling, and debt increasing. This theme has been nothing new though, and looking at the share price action it’s pretty much followed Debenhams standing on the high street: a slow decline over the past few years:
Pure Passive Investor. Always looking for ways to make money (but not myself) work harder.