VUK rallied over 4% on Thursday helped by Macquarie’s upgrade on the UK-based bank to outperform the day prior, this feels like another stock that has garnered a bid after a little positive news as fund managers find themselves looking for our of favour, deep value opportunities.
- Interestingly this is another stock that has followed its seasonal footprint almost to the letter, if this continues through 2022 it’s one to watch in early October.