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Cochlear shares drop after company cuts profit guidance due to weaker global demand.
Cochlear shares plunged to a ten-year low after the company slashed its full-year profit guidance, citing weaker global demand, lower production, and foreign exchange headwinds.
The hearing implant manufacturer faces pressure from economic conditions and specific market challenges, though it remains focused on its long-term growth strategy.
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Las acciones de Cochlear caen después de que la compañía recorte la previsión de ganancias debido a la débil demanda global.