26th Apr 2024. 12.43pm

Regency View:

Close JD Sports (JD.)

Regency View:

Close JD Sports (JD.)

Close JD Sports (JD.) at 117.2p

JD Sports shock profit warning at the turn of the year saw the shares gap significantly lower.

At the time of the profit warning we did not panic and shoes to wait for the dust to settle. Since then prices have put in a small recovery, but an underwhelming trading update has seen the recovery lose momentum.

With the stock underperforming the wider market, we are going to cut our losses and move on.  

Loss = -18.3% (including dividends)

JD. Daily Candle Chart

JD. Daily Candle Chart

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