Investor focus at THG shifts back to fundamentals after bidders walk away
- Shares fall 22% after suitors walk away
- Company defiant that bids undervalued the business
- Analyst forecasts cash burn out to 2026
Despite bouncing 10% today to 82p shares in online retailer and logistics provider THG (THG) are still down 22% after bidding interest evaporated on 16 June. That was when the two potential buyers of the company - a consortium led by Belerion Capital and ...