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Esprit Holdings (HKG:330) stock drops 15% this week, shareholders lose 88%

2024-06-23 01:16:16.716000

Hong Kong-based company Esprit Holdings (HKG:330) has experienced a significant decline in its stock price, with shareholders losing 88% as the stock dropped 15% this past week [dc60c963]. Over the past five years, the share price of Esprit Holdings has plummeted by 89%, and it has fallen by 74% in the last year. The company has faced challenges in its financial performance, with its revenue shrinking by 17% per year over the last five years. This decline in revenue has contributed to the significant decline in the company's share price. Esprit Holdings is currently unprofitable, and its poor performance may indicate unresolved challenges. Shareholders have experienced a loss of 74% for the year, while the overall market has seen an increase of 7.3%. It is important for potential investors to consider these factors and potential warning signs before making any investment decisions [dc60c963].

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