Reckitt Shares Bounce on AI Effort, Investors Hold Off Ahead of AGM
Reckitt shares rose 1.12% to 4,597p on Friday but ended the week down about 1.6%. The company’s May 14 investor event highlighted AI-driven R&D but gave no new trading update. Investors await the May 21 annual meeting after weak April results left margin and growth concerns unresolved. The stock remains near its 52-week low.