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As the Ocado share price drops 9% on FY25 results, should I buy this FTSE 250 stock?
Summary by The Motley Fool UK
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As the Ocado share price drops 9% on FY25 results, should I buy this FTSE 250 stock?
Ocado (LSE:OCDO) is known for having images of fresh fruit and vegetables on its delivery vans, but its share price has been anything but healthy. Just when you think it can’t go any lower, it does. And the stock was up to its old tricks today (26 February), shedding another 9% after the grocery-robotics firm published its FY25 annual results. Shockingly, this means Ocado stock has lost 92% of its market value since September 2020! What on earth…
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