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C&C Group's stock plummeted 18.7% with trading volume spiking 1,071%, despite a "buy" rating.
C&C Group (LON:CCR), a beverage company, saw its stock price drop by 18.7% on Thursday, trading as low as GBX 116.20 ($1.51) and closing at GBX 120.19 ($1.56).
Trading volume surged by 1,071% to 21,797,490 shares.
Despite the decline, an analyst reaffirmed a "buy" rating on the shares.
C&C Group manufactures and distributes beer, cider, wine, spirits, and soft drinks in Ireland, Britain, and internationally.
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Las acciones de C&C Group se desplomaron 18,7% con un volumen de comercio de 1,071%, a pesar de una calificación de "compra".