telecom
BT Group (LON: BT.A) share price has done well in the past few weeks even as some notable investors like Blackrock, AKO Capital, and Canada Pension placed a big short against it. It has soared by over 26% from its lowest point this year, making it one of the top companies in the FTSE 100 index. Billionaires have invested in BT GroupBT Group has become a favourite company among some billionaires because of its strong market share in the UK. Most recently, the company’s new CEO shared her vision for the company. As part of her strategy, she want to cut more jobs in a bid to save over £3 billion ...
Invezz
Vodafone (LON: VOD) share price has been in a steep meltdown in the past few years as concerns about its growth and huge debt burden continues. It has crashed by over 51% from its highest point in 2017 and is hovering near its lowest swing since 2013. BT Group (LON: BT.A) stock price has also dived hard in the past few years. After peaking at 340p in November 2015, it has plummeted by 62% to the current 129p. These drops have erased billions of pounds worth of value. Notably, an investment in the FTSE 100 index would have yielded a better return than Vodafone and BT Group. BT Group vs Vodafone...
Invezz
BT Group (LON: BT.A) and Vodafone (LON: VOD) share prices jumped sharply this week after the two companies published their financial results. Vodafone’s stock jumped by over 5% on Wednesday and continued the trend on Thursday. It jumped to a high of 77.50p, its highest level since September last year. It has soared by over 23% from its lowest point this year. BT Group, on the other hand, spiked by over 12% on Thursday, reaching a high of 128p, its highest level since December 14th. It has surged by over 25% from its lowest level this year. BT Group vs Vodafone stocks Vodafone and BT reported r...
Invezz
The FTSE 100 index continued its remarkable bull run this week as investors reflected on the Bank of England (BoE) interest rate decision and after the strong UK GDP numbers. It surged to a record high of £8,440, making it one of the best-performing European indices. Next week will be an important one for the Footsie as many big companies are set to publish their financial results that will provide more colour on their operations. Most firms that have already published their numbers have pointed to robust revenue and profitability growth. The most notable were firms like Lloyds, HSBC, and Barc...
Invezz
BT Group’s (LON: BT.A) share price has been left in the dust by the FTSE 100 index this year. It has plunged by over 15% this year while the FTSE 100 has soared by over 8% to a record high of £8,310. It became one of the worst-performing companies in the index. Worse, it has plunged by over 41% from its highest level in June 2021. Growth concerns remainUK telecom companies are not doing well as concerns about their growth and profitability continue. Vodafone’s stock has also plunged by over 40% from its highest point in 2021. This performance is in contrast to other European telecom companies....
Invezz
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