Stock spotlight: Supply chain issues weigh heavy but ASOS still good fit for 'patient investor'

ASOS shed 17.3% of its share price in two days

James Baxter-Derrington
clock • 4 min read

Despite an increase in pre-tax profits of 25% over the past year, a combination of senior departures, profit warnings and supply chain issues saw the ASOS share price tumble last week, although investors remain positive on the global online fashion retailer’s outlook.

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