Metro Glass shares hit record low as senior manager quits

Wed, 01 Nov 2017

By Sophie Boot Nov. 2 (BusinessDesk) - Metro Performance Glass shares fell to a record low, dropping 4.3 percent to 90 cents, as a member of the senior management team leaves. Grant Davies, investment advisor at Hamilton Hindin Greene, said the company had disappointed the market "over and over" in the course of its listed life, with multiple earnings downgrades. The shares listed after an initial public offering at $1.70 in July 2014 and reached a record $2.23 last September. "The confidence of investors at that point starts to wane,...

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