Aequs Shares Plunge 18% After Wider Q2 Loss
Aequs shares fell as much as 18% after the company reported a wider September-quarter loss and delayed its consumer EBITDA breakeven timeline.
Shares of Aequs Ltd. plunged as much as 18% on Tuesday, October 27, after the aerospace and consumer components manufacturer reported a sharp decline in operating profitability and a wider loss for the September quarter, despite strong revenue growth.The company reported a 45% year-on-year increase…