Bankia Shares Fall On New OfferingVW Staff
Shares in the Spanish institution Bankia SA tumbled on today's market, after the company released new shares onto the market. This morning Bankia offered 11.5 billion new shares to the market. This afternoon the firm's value had dropped by 5% on its home index.
The huge jump in the amount of Bankia shares on the market is clearly a worry for investors, before today's addition . . .
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