By John Glenday
Uncertainty at the top of WPP in the wake of Sir Martin Sorrell’s abrupt departure from the agency network he built over three decades has seen a surge in the number of investors betting against the advertising giant.
According to a report in The Times, the percentage of WPP shares on loan has risen from a negligible amount to close to 6% of its share capital in that time according to analysis by IHS Markit, with the number of WPP shares on loan rising just as the wider FTSE100 experiences a decline in Read full story ›
Source: The Drum