Just Eat Falls As Order Decline Offsets Outlook Upgrade
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Just Eat Takeaway.com NV shares fell in Amsterdam trading as a continued drop in customer orders outweighed the upgraded full-year forecast.
The Amsterdam-based group is among the food-delivery companies that experienced surging orders during the pandemic but have since grappled with a slowdown after restaurants reopened for in-person dining. Inflation has forced many to refocus on their bottom lines.