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AEM Holdings dives 25%; analyst downgrades stock, slashes target

The stock has lost almost 40 per cent of its value in two days after firm warns of 'significant volatility' ahead

Singapore

SHARES of AEM Holdings continued their downward trajectory on Wednesday, losing almost a quarter of their value as brokerage CGS-CIMB downgraded the stock to "reduce" on sharply lower 2019 estimates.

Yesterday, AEM slumped 24.6 per cent, or 24.5 Singapore cents, to $0.75...

sentifi.com

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