This firm facilitates research and data analytics around the world, including significant studies into UK Election voting behaviours.
Bought a few of these a while back as I like the company, but I have to admit I didn’t expect them to go up quite as much as they have!
Out of curiosity does anyone have any insights behind this rapid increase lately as I couldn’t see much news that would justify it?
Was coming here to ask exactly the same question!
Prices on the move …up nearly 15% in last couple of days.
Worth DYOR.
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Price taking a hammering recently, I’m buying a few more as I think the good days are yet to come, global elections and some signs of general improvement in the global economy that hopefully will drive more business
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Outch, stock is down 36% after profit warning… Overreaction?!
Difficult to say, the RNS was very thin and reading the news I got the impression that YouGov didn’t have a good explanation about why the sales had gone down other than they sold less. I might sound sarcastic, but it would have paid if they run a poll asking why their clients are not taking their services more.
I’m not familiar with that YouGov does (meaning, I’ve never worked in the industry or properly researched the type of business, nor competitors). I’m not going to invoke gen AI, but I wonder if customers are switching to other ways of gathering information.
I love buying dips (hi Salesforce, Dell and Nutanix!), but the announcement being so thin makes the stock very risky in my eyes.
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I did some extra research and this was oversold.
A few people are asking why the profit warning was announced so close to the end of their financial year (new CEO, some new board members, a huge acquisition at the start of the year). There are enough things in there to assume the CEO, the board or both messed up and tried to play some games that might have not flown on the main exchange.
But in overall, this was clearly oversold and will regain quite a bit of its value in the next months. I hope this scare stops the leadership team from doing anything silly.
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Full-Year Trading Update
Full-Year Trading Update - 07:00:10 06 Aug 2024 - YOU News article | London Stock Exchange