The stock of Canadian online grocery company, Goodfood Market, has been falling for the past few days.
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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 decline is explained by the abandonment of its on-demand delivery service in less than 30 minutes which had been launched less than a year ago.
Recall that in January 2021, the action reached highs and was valued at $13.20.