New Year prospects: Cake Box

Egg-free cakes supplier Cake Box (LON: CBOX) performed strongly up until late 2021, but it has been on a downward trend since the beginning of 2022. The share price has slipped by 67.9% to 115p during 2022.

Wembley-based Cake Box joined AIM in June 2018 at 108p a share, so the share price is still at a small premium to that. The peak share price was nearly treble the initial placing price. There was an initial share price decline in November 2021 when the founder and chief executive Sukh Cha...

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