Zomato stock down 21% from 52-week high amid market pessimism: Should you buy, sell, or hold to build sizable positions? | Stock Market News
Source: Live Mint Zomato’s stock is currently trading c.21% below its all-time highs on the back of growing investor concerns about 1) accelerated investments in Blinkit’s supply chain (dark store and warehouse network), and 2) rising competitive pressures in quick commerce. While these concerns have merit, we believe the impact on Blinkit’s adjusted EBITDA margin…