tiprankstipranks
Company Announcements

Frasers Group Increases Stake in Boohoo Group

Story Highlights
Frasers Group Increases Stake in Boohoo Group

An update from boohoo group Plc ( (GB:BOO) ) is now available.

Frasers Group Plc has increased its stake in Boohoo Group PLC, raising its voting rights from 28.008079% to 29.053700%. This acquisition of voting rights indicates a strategic move by Frasers Group to strengthen its influence within Boohoo, potentially impacting the company’s strategic decisions and market positioning.

More about boohoo group Plc

Boohoo Group PLC is a UK-based online fashion retailer known for its trendy and affordable clothing, targeting a young, fashion-conscious demographic in the global market.

YTD Price Performance: -23.35%

Average Trading Volume: 3,363,301

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £332.1M

Learn more about BOO stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App