Diageo share price slips again as market selloff hits London; dividend dates in focus
Diageo shares dropped 1.8% to 1,632 pence in early London trading Monday, tracking a broader market decline as European stocks hit two-week lows. The move follows last week’s dividend cut and weaker outlook under new CEO Dave Lewis, who flagged a $2.3 billion asset sale and $21.7 billion net debt. The stock traded between 1,621 and 1,659 pence.