|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||51.83 - 52.25|
|52 Week Range||47.95 - 80.45|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ocado investors brace for potential fallout from a 'three-bot' collision that caused a fire in one of the online grocery giant's U.K. fulfillment centers.
Shares were down more than 3% on Monday.
Ocado customers face a week of disruption to orders following a fire at the online grocer’s biggest warehouse. The blaze broke out late on Friday after three robots used to handle orders collided at the Erith facility in southeast London, the FTSE 100 company said. It can handle about 150,000 orders a week under its joint venture with Marks & Spencer. “While we expect some disruption to operations, we are working to restore normal service as soon as possible,” Ocado said. It predicted that opera