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CSG Falls to Lowest Since IPO as Arms Firm Cuts Margin Guidance
Bloomberg(subscription required) ·
CSG NV shares plunged after the European arms maker cut its full-year profitability outlook, dealing a fresh blow to investors who bought into the stock when it listed at the start of the year on optimism about growth in defense spending.
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- Bloomberg(subscription required)CSG Falls to Lowest Since IPO as Arms Firm Cuts Margin GuidanceCSG NV shares plunged after the European arms maker cut its full-year profitability outlook, dealing a fresh blow to investors who bought into the stock when it listed at the start of the year on optimism about growth in defense spending.