Mixed results and stopping the dividend pushed the Currys (LON: CURY) share price to new lows last week. The consumer appliances retailer is performing poorly outside of the UK and trading could get tougher.
Currys Chair Ian Dyson acquired 150,000 shares at 47.56p each and finance chief Bruce Marsh bought 65,000 shares at 46.694p each. That shows some confidence because of the significant amount of money spent, but it does not necessarily mean that others should follow suit. The current share price is 49.42p.
Currys reported a 2022-23 loss on a 6% fall in revenues to £9.5bn, but that wa...