Powered By

Purplebricks shares crash by a third

The online estate agent concept Purplebricks who seem to be taking on the world have seen their share price plummet recently following negative news on their international expansion and a recently weakened market in the UK.

A 37% drop was seen this week (currently 26.06% when writing this article) which goes against their fairly robust since 2012. Live share price can be viewed here. A downgraded revenue forecast has been announced from £165-175 million to £130-140 million.

Full story released on Yahoo website.

EAN Breaking News

EAN Breaking News

Breaking News from the team at Estate Agent Networking. Have a new story to share with us? Then please get in contact today! When and where we can we will refer to third party websites with a 'live link back' where news was released first.

You May Also Enjoy