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Pearson investors have “little visibility” on what the company may do in the next few months, one analyst has warned, while another has said further restructuring at the academic publisher was “almost inevitable.”
The analysts were speaking after the share price at the company tumbled last week, down 5.6% at 773.00p on 12th November.
One reason for the share price fall could have been CEO John Fallon’s comments made at the Morgan Stanley European Technology, Media and Telecom Conference in Barcelona, on Wednesday (12th November), one analyst has said, in which Fallon said the company was unlikely to see the same 7% growth its seen over the last decade.
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