business credo brands marketing shares crash 20 in biggest 1 day drop since listing down 53 from issue price

Credo Brands Marketing Shares Crash 20% In Biggest 1-day Drop Since Listing, Down 53% From Issue Price

16hrs 24mins   👁 5

Credo Brands Marketing's shares plummeted 20% to ?132 following disappointing June quarter results, with a 36% drop in net profit. The company is focusing on premium brand positioning and digital marketing, planning to open 20 flagship stores while facing ongoing consumer sentiment challenges.