Royal Mail shares are down 48%: should I buy now?

Image source: Getty Images Royal Mail (LSE: RMG) shares have drastically underperformed this year, falling over 48% year-to-date. For context, the FTSE 100 is down just 4% for the year. Twelve-month returns are even worse, with the stock falling 52%. As recession fears mount, the shares could continue to tumble. …

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