Aryzta shares fall to all-time low as US cuts bite
Shares dropped to €17.30 at the close of trading on Friday
Irish frozen food company Aryzta has seen its share price hit an all-time low as it announced the closure of a distribution plant in California, resulting in 109 layoffs.
Aryzta’s shares dropped to €17.30 at the close of trading on Friday, an all-time low for the beleaguered company. The same shares had been trading at more than €33 in January.
According to reports, the distribution plant will cease operations on April 28 and the...
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