Thales shares tank on Anglo-French bribery investigation
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Thales shares dropped following an investigation by the UK's Serious Fraud Office and French authorities into suspected bribery and corruption at the company.
November 22, 2024 | 8:30 am
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Thales shares fell due to an investigation by the UK's Serious Fraud Office and French authorities into suspected bribery and corruption.
The investigation into suspected bribery and corruption is a significant legal issue that has already caused Thales shares to fall. This type of news typically leads to short-term negative sentiment and increased volatility in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100