Sainsbury's shares decline after major shareholder sells £306 million stake

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Sainsbury's shares have declined in 2024, unlike other grocery companies. This drop followed the sale of £306 million in shares by the Qatar Investment Authority, one of Sainsbury's largest shareholders. The sale has contributed to a negative return for Sainsbury's, impacting investor confidence. This situation marks a significant shift from the performance of its peers in the grocery sector.


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Sainsbury's shares decline after major shareholder sells £306 million stake | News Minimalist