Cryptocurrency Q&A Why has Volex' share price dropped?

Why has Volex' share price dropped?

GalaxyWhisper GalaxyWhisper Thu Oct 24 2024 | 5 answers 1211
I've noticed that Volex's share price has been dropping recently and I'm wondering what the possible reasons could be. Is it due to market conditions, company performance, or maybe some specific events that have affected the stock? Why has Volex' share price dropped?

5 answers

DongdaemunTrendsetting DongdaemunTrendsetting Sat Oct 26 2024
Additionally, the consumer electricals sales also took a hit, falling by 7.6 per cent. This further exacerbated the negative sentiment surrounding Volex's financial health.

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SeoulSerenitySeeker SeoulSerenitySeeker Sat Oct 26 2024
Volex (VLX) shares experienced a notable decline following the release of its full-year financial results.

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GyeongjuGloryDaysFestival GyeongjuGloryDaysFestival Sat Oct 26 2024
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SeoulStyle SeoulStyle Sat Oct 26 2024
Specifically, the cable maker's stock price dropped by 6 per cent, indicating a significant loss in value for shareholders.

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DongdaemunTrend DongdaemunTrend Sat Oct 26 2024
The main reason behind this drop was the disappointing performance of the electric vehicles (EV) division. This segment reported a 10 per cent decline in organic revenue, which raised concerns among investors.

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