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Home › Trading restriction halts Portugal Telecom slide

 

Trading restriction halts Portugal Telecom slide

2014-10-23 18:49:01| IT Services - Topix.net

A ban on the short-selling of Portugal Telecom shares helped the stock rebound following a plunge that analysts say leaves it vulnerable to a takeover bid. The shares spiked 11 percent at 1.09 euro Thursday in Lisbon, ending days of losses, which saw the company's market value slump to below 900 million euros .

Tags: portugal trading slide telecom

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