AcadeMedia slumps as Swedish Social Democrats suggest to ban school profits
** Shares in Sweden-based AcadeMedia AB ACADE.ST fall
about 9% after the Swedish Social Democrats' proposal to tighten
rules for education companies
** They propose for the Party General Assembly in Nov. to
work in the parliament to ban school profits [https://bit.ly/3EFsuYw
]
** The stock hit its lowest price since July 2020
(Reporting by Tommy Lund)
((Tommyalexander.lund@thomsonreuters.com))