Just Group stock exploded 67.9% in one day - here's what traders missed
Key Points
- Just Group's shares soared 67.9% to GBX 211.61 amid a massiv...
When 95 million shares of Just Group (LON:JUST) traded hands in a single day—that's like your quiet neighbor suddenly hosting the world's loudest block party. The stock rocketed 67.9% to close at GBX 211.61 ($2.81) on August 1st, with trading volume exploding by 1,050% above normal levels.
The Numbers Don't Lie (But They Might Be Drunk)
Let's break down what happened here without the Wall Street jargon. Just Group now sits at a £2.21 billion market cap with a price-to-earnings ratio of 24.62. That means investors are paying about 24 times the company's annual earnings for each share—not ...
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