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Glanbia Share Price

  • 13-10-2016 2:36pm
    #1
    DulchieLaois
    Registered Users Posts: 466 ✭✭


    Simple question, why is Glanbia share price going down ?


Comments

  • #2
    daheff
    Registered Users, Registered Users 2 Posts: 5,923 ✭✭✭daheff


    I'm guessing its due to exposure to the UK market. GBP is falling, so EUR value of sales is going to take a hit.


    Similar should be happening to all stocks with exposure to UK (Kerry group for instance).


  • #3
    JeffKenna
    Registered Users, Registered Users 2 Posts: 4,592 ✭✭✭JeffKenna


    Shares go up, shares go down


  • #4
    cute geoge
    Registered Users, Registered Users 2 Posts: 3,063 ✭✭✭cute geoge


    Is there any clear reason why these shares are booming at the moment .I have 2k bought handy years ago .Is it time to cash in !!!

    These shares were struggling around 10 euro each not that long ago



  • #5
    gym_imposter
    Registered Users Posts: 1,066 ✭✭✭gym_imposter


    https://www.boards.ie/discussion/comment/121845041#Comment_121845041

    CEO is stepping down and this was announced a long time ago, the market didn't rate her so stock was unjustly punished



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