Trading Ideas 

Has Rightmove's run come to an end?

Michael Taylor

Has Rightmove's run come to an end?

Since listing in 2006,Rightmove (RMV) has generated more than a whopping 1,500 per cent return for investors at its high in February. But since then, the price has collapsed over 40 per cent. It’s a great business and has successfully fended off competition and criticism over the years, amply rewarding those that believed in the power of the network effect and operational gearing behind it. Right now, Rightmove faces some serious challenges, though, and ones that the share price is going to struggle to shake off.

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