Ocado Faces Setback as Market Expectations Fall Short Amid Sluggish Warehouse Expansion

In a disappointing turn of events for the online grocery retail leader, Ocado Group PLC has seen its stock plummet following an underwhelming outlook that has raised concerns among investors. The decline comes as the company grapples with a slower-than-anticipated rollout of its innovative warehouse technology, a critical component of its expansion strategy.

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