a day ago
- Business
- Wall Street Journal
Barratt Redrow Shares Tumble After Sales Miss Guidance
Barratt Redrow BTRW -10.30%decrease; red down pointing triangle shares fell after the housebuilder missed its own sales guidance but launched a 100 million-pound ($134.3 million) share buyback and said it still expects to meet market forecasts for a key metric.
In early trading Tuesday, London-listed shares were down 10% at 373 pence, and are currently down 15% over the year to date.