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Stock Price Plunge

Stock Price Plunge

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UBS raised its rating to "buy"
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Summary: After yesterday's earnings warning and stock price plunge of more than 31%, the UK's largest fashion power trader Asos's shares rebounded 7.4% to 3,351 03 Pence Today, the biggest single day rise since last year's Fri. One reason for Asos's share price rally is that UBS UBS, the UK's biggest fashion-maker, rebounded 7.4% to 3,351 03 Pence today, the biggest one-day rise since last year's Fri, after a profit warning yesterday and a 31% plunge in share prices. One of the things that drives Asos's share price rally ...

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