Prysmian takes a dive on Borso Italiana

Prysmian equity is falling hard on Borso Italiana in Milan, where trading of the company's shares was temporarily suspended late Thursday morning due a share price reduction exceeding 5 percent.

by SØREN SPRINGBORG

On paper, Italian cable manufacturer Prysmian delivered a relatively undramatic third quarter interim report to the stock exchange in Milan on Wednesday. Nonetheless, this was met with an unusually negative reaction to the cable manufacturer's equity.

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