From Citywire.co.uk: As recently as June, the talk was of Rightmove’s impending decline. Google had just dipped one of its giant toes into the UK property search market, sending a wall of water over the established portals.
Even Rightmove’s managing director, Ed Williams, was shedding stock as fast as he could, reportedly selling £8 million of shares (almost half his holding). 'A time to short Rightmove?' pondered more than one analyst. Rightmove’s share price was 664p..............................................Full Article: Source
|