Markets

Markets Wrap: Healthbeacon shares sink as markets across Europe slide

ISEQ fell marginally on Wednesday, down 5 points by close of trade

  • October 4, 2023

Shares at Healthbeacon, the troubled Irish-listed medical devices firm, tumbled on Wednesday as the Dublin stock exchange fell by 5 five points.

The ISEQ finished Wednesday down 0.06 per cent - now standing at 8,222.41.

Healthbeacon was the biggest faller of the day, down 12 per cent since markets opened, with shares now priced at €0.20 each. The poor day of trade comes amid a difficult period for the firm, which saw Jim Joyce resign as its chief executive last week. In the same day, Healthbeacon posted a sales warning and revealed it is scoping out financing options as the firm will require €11 million in fresh funding over the next two years.