Feb 16, 2022 SOURCE: AFP
SAS airline shares plunge as analysts see restructuring
Shares in Scandinavian airline SAS plunged more than 25 percent on Wednesday after an analyst report predicted the company was on the verge of bankruptcy.
The dramatic fall came after analysts at Norwegian bank DNB updated their sell recommendation, noting that the company's debts of 40 billion kronor ($4.35 billion,...
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