Ocado shares wobble after M&S relationship turns sour
Shares in Ocado (OCDO) have fallen by 20% over the past month as the online grocer continues with its fractious relationship with joint venture partner Marks & Spencer (MKS).Despite reporting average orders per week of 414,000, an 8.4% increase compared with the first quarter of 2023, and a 10.6% rise in revenue for Ocado Retail for the 13 weeks to 3 March, trouble is brewing for the online grocer