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The latest update is out from ASOS plc ( (GB:ASC) ).
ASOS plc announced a notification of major holdings, as Frasers Group Plc has acquired or disposed of voting rights, now holding 24.22% of ASOS’s voting rights. This acquisition highlights the strategic positioning of Frasers Group within the retail industry, possibly strengthening its influence in ASOS’s corporate decisions, impacting stakeholders and market dynamics.
More about ASOS plc
ASOS plc is a UK-based company operating in the online retail industry, specializing in fashion and cosmetics. It primarily targets young adults and offers a wide range of products aimed at the fast fashion segment.
YTD Price Performance: -6.13%
Average Trading Volume: 277,094
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £476M
See more data about ASC stock on TipRanks’ Stock Analysis page.
