Boohoo shares climb as Debenhams margin gains fuel turnaround hopes
Boohoo Group Plc, trading as Debenhams Group, jumped 5.29% in Thursday’s London session. That beat the FTSE AIM 100, which added 0.25%. The stock kept climbing in June’s turnaround rally despite no new filings in the past two days. After the close, Hargreaves Lansdown quoted a 23p sell and 24p buy, putting the group’s market cap near 376 million pounds. For investors, the real focus is the slim trading, not the single-session gain. Just 3.38 million shares changed hands Thursday, well under 0.25% of the 1.57 billion shares outstanding, London South East data show. With a quoted spread of 23p-24p, that 1p gap was about 4.3% of the mid-price—almost matching the day’s 5.29% move.