Here is an article about Lendlease written two days ago about the downgrade.
https://www.michaelwest.com.au/lendlease-nasty-surprise-may-not-be-the-last/
Here is an excerpt
Shares in construction behemoth LendLease tanked on Friday, dusting almost $2 billion in a day. Two questions: is there more blood yet to be shed, and what the blazes is chief executive Steve McCann doing selling shares in his own stock?
News: LLC UPDATE 1-Australia's LendLease puts unit under review as project issues mount, page-43
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$6.85 |
Change
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Mkt cap ! $4.945B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12725 | $6.84 |
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|---|---|---|
| $6.86 | 500 | 2 |
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