Ocado shareholders push for switch to New York stock market
Ocado is under pressure from its shareholders to consider leaving the London stock market for New York, according to The Sunday Telegraph.
The newspaper reported that “face-to-face” conversations have been held with investors in the past few weeks, during which the possibility of switching Ocado’s listing to the US was discussed at length.
The potential move has been further influenced by the collapse of Ocado’s share price from record highs during the pandemic.
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