Rightmove shares crashes over 25% after 2026 profit forecast cut on higher AI cost
NegativeFinancial Markets

Rightmove shares crashes over 25% after 2026 profit forecast cut on higher AI cost
Rightmove's shares plummeted over 25% following a significant cut in its profit forecast for 2026, primarily attributed to rising costs associated with artificial intelligence. This sharp decline reflects investor concerns about the company's ability to manage expenses while maintaining profitability in a competitive market. The news is particularly important as it highlights the challenges traditional real estate platforms face in adapting to technological advancements and the financial implications of these changes.
— via World Pulse Now AI Editorial System







