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Add as a preferred source on GoogleAlstom Shares Fall About 5% After J.P. Morgan and Citi Downgrade Stock
The downgrades came a day after Alstom reduced its guidance following technical and production problems affecting products such as Coradia.
Alstom stock lost about 5% in Paris on Tuesday, Nov. 3, as J.P. Morgan and Citi downgraded it one day after the trainmaker reduced its guidance.
Alstom’s guidance reduction followed technical and production problems affecting some of its products.
Coradia was among them.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.