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Probably the most telling sentence says 'Wall Street analysts had expected the Canadian company to produce a modest $25m (£16.4m) operating profit but instead the firm revealed a shock $169m loss and missed its sales targets.' If you miss targets, there is a very good chance your share price will fall - remember that it is in part based on an expectation of future earnings, and if you fall short of your plans then your share price is very likely to fall.

Lots of good reasons set out in this article www.guardian.co.uk…y-shares-fall-loss

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