Fevertree Drinks slumps 10% on lowered full year guidance
Shares in premium mixer company Fevertree Drinks (FEVR:AIM) tumbled 9% to a new eight year low after the firm cut its full year revenue forecast amid disappointing trading reflecting a subdued UK consumer and poor weather.
The latest slump in the shares takes year-to-date losses to 21% compared with a 3% fall in the FTSE AIM 100 index. The shares remain 71% below their post-pandemic peak of aro...