Ranking: From Halfords to The Hut Group – how Covid has boosted and battered retail share prices
Two years after the UK was plunged into its first national lockdown, Retail Week analyses how the Covid crisis has impacted the valuations of Britain’s listed retailers.
Global stock markets have been on something of a rollercoaster ride for the past two years amid the ups and downs of the coronavirus crisis.
Share prices were pummelled in early 2020 as Covid-19 began to spread outside China and was officially confirmed as a global pandemic by the World Health Organization (WHO) in March.
Spooked investors started to sell up, sending valuations into a nosedive. By the time prime minister Boris Johnson enforced the UK’s first national lockdown on March 23, 2020, the share prices of many retailers listed in London had already been battered.
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