Stoked News – News, Videos, surf, skateboard, snowboard, motorsports, action sports » Blog Archive » Big Business – Billabong Halts Trading Pending “Announcement,”
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The Australian Securities Exchange (ASX) has agreed to halt trading of Billabong’s stock until Monday, March 25 or until the company releases an announcement. Billabong said the halt was necessary to investigate trading levels of its shares yesterday.

Shares of Billabong (BBG:AX) plunged over 14% yesterday on heavy trading, with more than 9.2 million shares changing hands compared to the three-month daily average of 2.7 million   …  More

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This entry was posted on Thursday, March 21st, 2013 at 1:31 pm and is filed under Business news, Fashion, Surfing & SUP. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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