In an announcement on Tuesday, Pendragon plc (LON: PDG) said that it clawed its way back to profitability in the last two months. For the fiscal first half as a whole, it remained in loss but one that was smaller than expected. Shares of the company remained almost flat in premarket trading on Tuesday. On market open, Pendragon jumped nearly 5% to hit an intraday high of 7.96 pence per share. On a year to date basis, the stock is now about 40% down after recovering from an even lower 5 pence per share in March when the impact
Full ArticlePendragon plc says it returned to profitability in July and August
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