BT shares down 19% since May. Has the outlook turned bearish?
BT shares have cooled sharply from a five-year high, and whether that’s a buying dip or a warning sign depends on the debt pile.
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At 240p and a seven-year high, BT is pricing in a turnaround it hasn’t finished delivering
BT shares reached multi-year highs as investors anticipate falling capital expenditure and improving cash flow.