The list of Ireland’s worst-performing stocks sends out a warning to stock pickers to be wary of the assumption that a rising economy will lift all boats.
The economy is booming. Yet stocks such as Independent News & Media (IN&M) and UTV, which could have been expected to tap an advertising boom, and Fyffes, which has been exploiting soaring Irish property values, feature among the top stock market laggards this year.
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