Sentences with phrase «sharp drop in share price»

The fallout has been severe, with numerous lawsuits, governmental inquiries, a #DeleteFacebook user boycott campaign, and a sharp drop in share price that's erased nearly $ 50 billion of the company's market cap.

In January, Viacom said it cut the compensation of its top two executives, Redstone and Dauman, as the company faced business pressures and a sharp drop in its share price.

The fallout has been severe, with numerous lawsuits, governmental inquiries, a #DeleteFacebook user boycott campaign, and a sharp drop in share price that's erased nearly $ 50 billion of the company's market cap.

Media giant Viacom said on Wednesday it cut the compensation of its top two executives, executive chairman Sumner Redstone and CEO Philippe Dauman, as the company faced business pressures and a sharp drop in its share price.

But he said the sharp drop in share prices of health insurers Tuesday — Cigna Corp.'s stock fell 7 % and Anthem Inc. dropped 5 %, for example — «was an overreaction.»

Not exact matches

The Australian share market has closed 1.6 per cent lower, as a sharp drop in oil prices pulled back energy stocks, and resources stocks weakened.

Since he became CEO in 2000 the share price had risen more than 840 percent but has fallen 22 percent from its peak in December 2015 following a sharp drop to 311 crowns last month after a profit warning due to pricing pressures.

The closure of Visceral, a fan favourite studio, the re-focusing of the single - player Star Wars game into a «game as a service» and the backlash to the Loot Box / Microtransactions that have permeated the design of Star Wars: Battlefront 2 has resulted in a relatively small but sharp drop in the companies share prices.