Celebrus Technologies CLBS.L shares slump 36.5% after forecast miss
Shares of data solutions provider Celebrus Technologies slumped 36.5% to 60.60 pence, their lowest since September 2015. The company expects fiscal 2027 revenue and adjusted loss before tax to be below market estimates due to slower closing of new business wins and the loss of a customer.
60 pence, their lowest level since September 2015. The stock was on course for its biggest one-day drop since November 2002 if the losses were maintained. Celebrus said it expects fiscal 2027 revenue and adjusted loss before tax to come in below market estimates, citing slower closure of new business wins and the loss of a customer that used a contractual break clause. The shares are down about 55% year to date.