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Barratt stock price down 5% amid second wave COVID-19 concerns

By: Invezz
UK real estate ticks up in April

Shares of Barratt Developments (LON:BDEV) fell 5% yesterday as the investors’ concerns about a second wave hit and global recession are growing.  Fundamental analysis: FTSE Index selloff, Barratt struggles The UK investors are growing increasingly concerned that a fast recovery will not happen as many countries around the world report an increase in the infection cases after the lockdown measures were loosened.  The FTSE Index fell 2.5% with only four of its constituents closed in green. One of the worst-performing stocks of the day was Barratt, who lost 5% amid concerns that a global recession and slow recovery are likely

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