institutional investors have a fair amount of stake in ASOS
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ASOS Gift Card Code Like ASOS Bang On The Door sells Groovy Chick T-shirts as well as a variety of other merch including tote bags hoodies the kind of drawstring bag you might have used for P.E. back in the day and even caps. There's also products featuring other favourite Bang On The Door characters like Pop Princess and Starlet.
As you can see institutional investors have a fair amount of stake in ASOS. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes just like everyone does. When multiple institutions own a stock there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see ASOS' historic earnings and revenue below but keep in mind there's always more to the story.
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