WH Smith shares crater after outlook slashed on Iran war travel chaos

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WH Smith shares have cratered after the retailer slashed its profit forecast amid the prolonged slowdown in global travel and slump in consumer confidence caused by the Iran war.

Shares in the FTSE 250 retailer slumped by 16 per cent on Wednesday’s market open to 415p, leaving the stock down more than 35 per cent https://www.cityam.com/wh-smith-shares-crater-after-outlook-slashed-on-iran-war-travel-chaos/">[...]