Share Price

: Numis number crunchers are convinced the company has too much competition to merit its £2.5bn market value, highlighting the near-70 per cent share surge this year, according to The Independent. It is not, in our view, on track for the market dominance which merits unicorn status and which appears to us to be implied by the share price, chief analyst Ivor Jones wrote. More unusual was the line: A horse with a stick on its nose is not a unicorn... and neither is Betfair. The downgrade to sell, with a 2,100p target price, triggered a 136p fall in Betfair to 2,509p. US jobs data filled investors with some confidence about the recovery of the world largest economy but not enough to make up for early losses. The FTSE 100 closed 54.64 points down at 6,804.6, ending a miserable week for the benchmark index, which has been bruised by the Greece debt debacle. (news.financializer.com). As reported in the news.