LED lighting technology business Dialight plc saw its UK share price rise almost 15p (2.6 per cent) to 578.55p despite posting a �7.1 million first-half loss compared to break-even this time last year.
Share this We knew these results were not going to illuminate the night sky following a profits warning issued last month, but even these first-half results managed to miss expectations and trigger another sell-off in Dialight (DIA) shares. The LED ...
Two of today's biggest fallers are Dialight (LSE: DIA) and Alton Towers owner Merlin Entertainments (LSE: MERL). I've been taking a look at the news behind today's falls and whether they represent a good buying opportunity for investors.
On Monday we reported it was "Too early to buy Dialight". Well, management weren't listening. On the same day that a miserable set of results sent the LED lighting company crashing to a four-and-a-half year low, top brass have piled in.