Join our community of smart investors

High-flyers AO World and Premier Foods stumble

Do investors suddenly have reason to doubt the shares' surging momentum?
January 20, 2021
  • Trading updates spark share price falls
  • Companies have benefited from the multiple lockdown effect

As of last Friday, online retailer AO World (AO) and cake maker Premier Foods (PFD) were the best performing stocks in the FTSE All-Share on a one-year basis, having risen 342 and 182 per cent, respectively.

But shares in both companies fell this week, after separate trading updates left investors wondering whether momentum might be about to stall. The price action also pointed to the market’s struggles to separate post-pandemic winners from losers once lockdown measures eventually end.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in