Car retailer Pendragon (LSE:PDG) shocked the market on Monday, when it issued a profit warning and a surprise strategy update. The firm's chairman also announced that he would stand down immediately, albeit for "personal reasons".
Pendragon shares have fallen by 18% to 24p at the time of writing. In this article I want to consider what we know and whether the shares might now deserve a closer look.
If you're looking for the best growth opportunities, I think it makes sense to look further down the market at those companies that remain off the vast majority of professional investors' radars. Here are just two examples.