INM shares fall further as analysts cut forecasts
The downgrades follow yesterday's profit warning from the media group
Shares inIndependent News & Media(INM) fell further in morning trade in Dublin, after plunging by nearly 20 per cent at one point yesterday in the wake ofa profit warning which has led analysts to cut their forecasts for the media group by as much as 20 per cent.
The shares, which closed 15 per cent lower at €0.11 last night, were trading at €0.099 by 09:30 a.m. in Dublin, down 10 per cent.
