ENGLISH EDITION
Ellaktor plunges amidst management, earnings concerns
Construction company Ellator is facing growing challenges after talk of changes to its top management, and that of subsidiary Aktor, drove the stock more than 35 percent lower on the Athens bourse in the last few days. The company denies the speculation. Mid-session on Friday, shares were off some 5.5 percent on the Athens bourse trading at around 0.78 euros, after plummeting 20 percent on Thursday. This brings losses to some 65 percent since hitting a twelve month high of 2.25 euros in August.