Zoom’s share price continues to see a lot of volatility as more workers are returning to the office and the group is struggling to keep the momentum going now, we are well beyond the pandemic.
Throughout 2022 UK banks, like NatWest, Lloyds, Barclays, and HSBC enjoyed rallies as the Bank of England was in the early stages of its interest rate hiking cycle.
Sterling dominated the headlines last week, as there were concerns the UK government might struggle to service its debt.
The wider sentiment in the markets is downbeat as worries about lower global growth, rising inflation and interest rate hikes are dominating the headlines.
In April, the firm issued its first quarter statement, and it revealed that net income increased by 12% to £4.1 billion.
Ocado’s share price has seen a huge amount of volatility in the past few years. The lockdowns sent the stock soaring as traders took the view that online grocery delivery would remain popular even after the pandemic, which it did to a certain extent, but now the repercussions of the pandemic have severely dented the stock.
Apple’s share price rallied in late July as the third-quarter numbers topped forecasts, but the stock has been sliding since because of the wider sell off in the markets.
We heard from a range of central banks last week and the update sparked big moves in the markets, and the bulk of the volatility was in currencies.
Prices may be delayed by 5 seconds. Prices above are subject to our website terms and conditions. Prices are indicative only
© 2022 Equiti, All Rights Reserved