August 29, 2014

Boohoo share price fall increases dot com bubble fears

Boohoo’s share price fell below its offer price today despite the fashion retailer reporting annual sales in line with city forecasts. Its share price fell to 49p during the day, below its 50p offer price.

Shortly following Boohoo’s market debut earlier this year, its share price reached as high as 85p but has fallen considerably since.

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