Ocado may be a takeover target for Amazon, reports The Times - Part 3

Shares in London-listed online food grocer Ocado have dropped like a stone, sliding almost 10pc at pixel time.

The trigger for the decline appears to be a piece out on American business news channel CNBC, suggesting Amazon has denied any interest in purchasing Ocado.

The whole piece on CNBC is a bit odd because the main item is based on Zoom interview with James Lockyer, a Peel Hunt analyst...