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Pets at Home Group shares dropped 14% after an analyst downgrade, sparking a sell-off on the London Stock Exchange.
Pets at Home Group shares declined by approximately 14% following an analyst downgrade, with reports indicating a drop of 13.7% to 15.9% across different updates on the same day.
The sell-off was triggered by a negative outlook from a financial analyst, though specific reasons for the downgrade were not detailed in the summaries.
The company, listed on the London Stock Exchange under the ticker PETS, experienced significant trading losses amid the market reaction.
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Las acciones de Pets at Home Group cayeron un 14% después de que un analista rebajara la calificación, provocando una venta masiva en la Bolsa de Londres.