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CNU - Chorus News Story

NZD6.66 -0.1  -1.5%

Last Trade - 2:28am

Sector
Telecoms
Size
Mid Cap
Market Cap £1.55bn
Enterprise Value £3.17bn
Revenue £488.1m
Position in Universe 169th / 1908

BUZZ-NZ's Chorus slips on low connections for the qtr, leads losses on NZ50

Thu 15th April, 2021 2:49am
** Shares of Chorus Ltd  CNU.NZ  fall as much as 3.5% to
NZ$6.31, their lowest since March 24
    ** Telecom infrastructure provider posts a decline in Q3
total fixed line connections to 1.4 mln and total broadband
connections to 1.2 mln  urn:newsml:reuters.com:*:nNDL4NtT6H
    ** About 737,000 shares change hands, compared with the
30-day average volume of 563,000 shares
    ** Stock CNU leads losses on the benchmark  .NZ50 
    ** Stock has fallen 17.3% this year, as of last close,
compared with a 2.6% decline in the S&P/NZX 50 index

 (Reporting by Savyata Mishra in Bengaluru)
 ((Savyata.mishra@thomsonreuters.com))
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