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Alitalia (2): in Piazza Affari stock suspended for excessive loss

Milan, Italy - Hypothesis of Insider Trading

Shares in Italy's troubled national airline Alitalia continued to fall on Monday (-7.57%) after plunging to a record last week as more details emerged on bids for the company from Air France-KLM and AirOne. After opening 1.7% higher at 0.7155 Euro, Alitalia shares immediately turned negative and had to be suspended by the Milan stock exchange for excessive losses, due to "Extreme volatility" of...

AVIONEWS - World Aeronautical Press Agency - 1083576
Rome, Italy, 12/17/2007 12:37
AVIONEWS - World Aeronautical Press Agency

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