Australia's Cettire shares plunge amid U.S. tariff impacts

Cettire

03/02/2025 04:10

** Shares of Cettire  CTT.AX  tumble 16% to A$1.22
    ** Stock hits its lowest level since Dec. 18
    ** Retailer says about 7.5% of US gross sales were related
to items manufactured in jurisdictions impacted by new US
tariffs
    ** Co says continuing to assess changes to tariffs on
imports
    ** 5.3 mln shares change hands, 2.3 times the 30-day average
of 2.3 mln shares
    ** Stock has fallen nearly 20% YTD, including current
session moves

 (Reporting by Manasi Dasa Sundeep in Bengaluru)
 ((Manasi.DasaSundeep@thomsonreuters.com;))