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Prada plunges after disastrous quarter, the devil is in its financial details

Assif Shameen
Assif Shameen • 3 min read
Prada plunges after disastrous quarter, the devil is in its financial details
SINGAPORE (June 15): Shares of Hong Kong-listed global luxury retailer Prada plunged over 6% today to a record low of HK$37.30 ($6.48) following disastrous quarterly earnings report. The luxury stock was sold off on heavy trading on the Hong Kong bourse.
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