Royal Mail shareholders have been richly rewarded so far, with gains of more than 60% on their investment. But is the game up for now, or should investors hang on to shares ahead of the group's results?
While some shareholders (in particular consumers) flipped their shares after the company listed - having seen the sale price of 330p jump to a peak of 595p just days after it started trading on the stock exchange - others have held on to some or all of their stock in the belief the company's transformation could reap rewards over the long term. This week's interim numbers will undoubtedly help make up investors' minds, as details of how the business plan is playing out are revealed. But should investors get ahead of the curve and act now, before the numbers are released? Short-term...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes