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Ocado shares jump 10% after trading statement release


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Ocado’s trading statement hasn’t disappointed in delivering some opportunity for traders. The two main takeaways where positive for the online retailer’s outlook, prompting its shares to rise over 10%.

The victory of its patent dispute and the positive Christmas period outlook were the key drivers of this recent surge, but the company still faces some headwinds in the near future.

https://www.ig.com/uk/market-insight-articles/ocado-shares-jump-10--after-trading-statement-release-211214

Ocado Group

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