“Dr. Martens shares plunge 30% to all-time low, trading briefly halted on weak outlook”
April 18, 2024
“Shares of Dr. Martens plunged 30% on Tuesday to hit a record low, after the shoemaker flagged a challenging 2025 outlook on the back of weaker revenues.
Trading in the company shares was temporarily suspended on the London Stock Exchange after the firm issued an unscheduled trading update. By the close, shares had pared losses slightly but were still down by 28%…”