Marketing, E-commerce and Digital Design, Product Management, Brand Development, Design, Advertising and Consultancy

Hedge funds bet against WPP amidst expectation of further share price falls

on Jun 25, 2018 | 0 comments

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