V2 Retail shares plunge 20% after Q2 update. V2 Retail share price plunged nearly 20 per cent on Monday, October 5, hitting a fresh 52-week low after the retailer released its September quarter business update. The sharp decline came despite a 28.4 per cent year-on-year increase in standalone revenue, as investors focused on the company's same-store sales performance and the impact of the shift in the festive calendar.