Shares in Matthew Moulding’s beauty, wellbeing and software giant THG have hit a new low after slumping by more than 16% in early trading this morning.The Greater Manchester-headquartered group endured a torrid 2021 with its share price being slashed over the last 12 months. Now, its shares have hit a new low and were priced at 124p each at 11am, a drop of 16% since trading on the London Stock Exchange opened this morning. READ MORE: THG – All you need to know about Matthew Moulding’s beauty, wellbeing and software giant In January 2021, THG’s shares were priced at almost 800p each. The fall comes after THG announced its revenue surged past the £2bn mark during 2021, while the group added it expects a further 25% increase in 2022. THG reported a revenue o …
Read more…….
