SINGAPORE: Venture Corp, which was Singapore’s best performing stock in 2018 until this week, has lost almost a third of its market value in just five days.
The combination of a weak earnings outlook by key customer Phillip Morris International Inc, report of short selling, and its own results yesterday that failed to impress sent bulls scurrying.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!