Ocado Shares Plunge Amid Tech Licensing Struggles

Ocado shares have plummeted by 18% to a 13-year low after the UK grocery delivery group reported lower profits and announced delays in new installations within its tech licensing division.

16 Jul, 11:26 — 16 Jul, 11:26

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FTVery High27d ago

Ocado shares plunge 18% as tech licensing division struggles

Shares hit 13-year low after UK grocery delivery group reports lower profits and says new installations will be delayed

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Ocado Shares Plunge Amid Tech Licensing Struggles

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Ocado shares plunge 18% as tech licensing division struggles

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