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UK's Metro Bank shares suspended multiple times after plunging more than 25%
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LONDON — Shares of Britain's Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close.
They have since slightly pared losses.
The halts followed reports that the bank was trying to raise £600 million ($727 million) in debt and equity, according to Reuters.
This is a breaking news item and is being updated.
Read more on cnbc.comAbout this in other media
Who is the Colombian billionaire taking a high stakes punt on Metro Bank? hl.co.uk /7 months ago
Shares of UK's Metro Bank up 26% after securing fresh capital cnbc.com /7 months ago
Metro Bank shares jump after deal to bolster finances investing.com /7 months ago
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