US EditionUp 45% since last month, could the Ocado share price continue rising?
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Up 45% since last month, could the Ocado share price continue rising?
In just a few weeks, Ocado (LSE: OCDO) has seen its share price jump by almost half and is up 45% since last month. That may be scant comfort to long-term shareholders, as the share is still down 86% over a five-year timeframe. Still, could this be the start of a comeback for what has sometimes been seen as one of the more promising tech companies in the London market? Promising signs of business improvement Ocado has been a cash pit for years, …
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