A2 Milk shares fall as analyst downgrades rating
The infant formula marketer’s shares have been under pressure since a profit warning in early April.
A2 Milk's China-label product is made by Synlait, whose chief executive resigned last week.
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Shares in A2 Milk fell 5% in morning trading as analysts at Citi issued a ‘sell’ note on the stock, citing supply challenges largely outside the company’s control.
The infant formula marketer’s shares have been under pressure since a profit warning in early April and closed last week at
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