FTSE 100 Recovers as Pound Stays Higher After Inflation
Currys is now down 0.5%, having reversed its earlier climb which saw its shares hit the highest since December 2021 after it hiked its profit guidance for a third time on the back of 'robust' demand.
The electronics retailer has been the FTSE 250's ninth best performer since the year began, climbing 32% as consumer demand has proved resilient.
And shares have doubled in value since Currys rejected a takeover offer by investment firm Elliott in February last year which at the time they said 'significantly undervalued' the firm.
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