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Card Factory (CARD)

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Up 90.25p
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Woodford Card Factory stake exceeds 10%

13 May 19

LONDON (ShareCast) - (Sharecast News) - Neil Woodford has taken his stake in Card Factory to more than 10% as the struggling star investor bets on a revival of fortunes at the retailer.
Woodford Investment Management holds 10.06% of the budget card retailer's shares, Card Factory said. Woodford has doubled his stake since October 2017 when it was reported as 5.02%

Since Woodford first invested in the company Card Factory has suffered falling sales due to reduced footfall on high streets as well as poor performance at its Getting Personal gift business.

The company's weak performance and falling shares have added to Woodford's recent woes. Several of the asset manager's bets have failed to pay off, prompting some investors to pull money out of his funds.

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Market Data

Currency UK Pounds
Price 90.25p
Change Today 3.25p
52 Week High 209.00p
52 Week Low 85.27p
Volume 607,602
Shares Issued 341.55m
Market Cap 308.25m


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