Sponsoring every podcast in existence must not be what it used to be. Shares of meal kit delivery service HelloFresh have shed 42% of their value on a weak 2024 forecast and the retraction of its 2025 targets. Deutsche Bank calls the report “disappointing” while UBS bemoans that the guidance is “far worse” than anticipated.
This caps off a disastrous two-year period where the share price has fallen from €90 to €6.70 today.
Source: CNBC
