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The Tesco share price is struggling to regain 500p even after strong results – where to from here?
Summary by The Motley Fool UK
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1 Articles
The Tesco share price is struggling to regain 500p even after strong results – where to from here?
The Tesco (LSE: TSCO) share price has grabbed headlines this year, and itâs easy to see why. In February, it briefly hit 500p, a level not seen in 15 years. The high price comes after half a decade of impressive growth, with the shares climbing almost 110%. Not bad for a supermarket chain that many people consider a ‘steady’ income stock â rather than an exciting growth story. For context, the last time Tesco was around 500p was in late 2011…
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