Hot stock: StarHub declines as much as 8.1% after profit falls
Chelsea Ong
SHARES of StarHub fell as much as 8.1 per cent on Wednesday (Feb 8), after the telecommunications company reported a 98.4 per cent drop in net profit for the second half of the financial year on Tuesday night.
The telco shed as much as 8.1 per cent or S$0.09 to S$1.02 as at 10.31 am. By 11.35 am, the counter was down 7.2 per cent or S$0.08 to S$1.03. The last time StarHub closed near this level was Jan 13.
There were no married deals recorded, according to ShareInvestor data.
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