Asos Falls, Ubisoft Rallies, Tullow Oil Slumps
On this episode of Stock Movers:- Asos falls 9.7% after reporting results. The firm reported pretax loss for the full year of GBP281.6 million, estimate loss GBP259.8 million.- Ubisoft shares turn higher, reversing initial declines, as the stock resumes trading following a week-long suspension caused by a delay to the publication of second-quarter results.- Tullow Oil shares plummet as much as 32% to a new record low after the company issued a trading update. Analysts said there has been a lack of progress on the refinancing of its mountain of debt, with Panmure Liberum warning there is…
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