UK's Clarkson tumbles on geopolitical uncertainty affecting near-term outlook

Clarkson

10/03/2025 08:35

** Shares in shipping services firm Clarkson CKN.L down as much as 18.37% at 3,751 pence; biggest intraday loss since May 2018

** Stock lowest since Nov 1, 2024; top pct loser on FTSE Midcap .FTMC index

** Co flags uncertainty around demand trends and impacts from heightened geopolitical uncertainty in near term

** Warns that if uncertainty continues, it may affect the group's performance

** Stock down about 1.9% in the last 12 months

 (Reporting by Judes Joseph in Bengaluru)

 ((judes.joseph@thomsonreuters.com;))