The Traderszone Network

Published in TZ Latest News 28 July, 2017 by The TZ Newswire Staff

Why Shares of Eros International Plunged Today

Shares of Indian film producer and distributor Eros International (NYSE: EROS) slumped on Friday after the company’s fiscal fourth-quarter results fell well short of analyst expectations. A near-20% decline in revenue and an unexpected net loss led the stock to plunge 17% by 12:45 p.m. EDT.

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