S&T shares plunge 30% by close of trading – Critical report from Viceroy Research
S&T shares extended their hefty losses on Thursday afternoon.
Now S&T reacted: The report by Viceroy is being analyzed, which takes time, “since some allegations concern old processes from the time before the current management of S&T AG and are neither related to the current management nor to S&T AG itself”. The report and the allegations it contained would now be examined in detail internally and externally over the next few days. S&T then wants to take a detailed public position and “come back with a specific package of measures”.