Shortsellers' Favorite, Peugeot Drops On $1.5 Billion Write-downVW Staff
Once again shortsellers of French automaker Peugeot SA (EPA:UG) (OTCMKTS:PEUGY) are enjoying their one day in heaven today. Shares of the company closed down 7.6% after it revealed a $1.5 billion write-down in its earnings release on Thursday.
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