Stock market: Goodfood shares plummet

The stock market of the Canadian online grocery company, Goodfood Market, has been falling for the past few days.

After losing 28% of its value on Friday, the company lost nearly 25% on the stock market on Monday, ending up at 44 cents.

This value is the lowest ever recorded by the company since its IPO in 2015.

This decrease is explained by the abandonment of its delivery service on demand in less than 30 minutes, which had been launched less than a year ago.

Recall that in January 2021, the stock reached highs and was valued at $13.20.


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