lonaml
Aston Martin Lagonda’s (LON: AML) share price collapsed to a low of 128p on Wednesday, its lowest level since November 2022. The stock crashed by over 65% from its highest point in 2023. It has lagged behind other UK companies now that the FTSE 100 index has soared to a record high. Aston Martin’s woes are continuingAston Martin, the biggest luxury vehicle company in the UK, is facing substantial challenges and it is unclear whether it will survive. The company published an extremely weak financial statement. Its wholesale volumes dropped by 26% in the first quarter to 945. Unit sales dropped ...
Invezz
“Aston Martin Lagonda Global Holdings PLC (LON:AML) (OTCMKTS:ARGGY) has emerged as a chip crisis survivor, revving up sales of its new luxury SUV. Wealthy buyers want the luxury tag but with a big dose of utility, and the DBX now seems to be the weapon firing Aston Martin towards profitability. Q1 2021 hedge fund letters, conferences and more DBX Helps Aston Martin Win New CustomersFocusing production on the model was a shrewd move, as it has helped the car maker win new customers, particularly in the lucrative Chinese market. That helped the car maker narrow its losses significantly to £42.2m...
ValueWalk
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