UPDATE: Trilogy International shares slump on FY2017 guidance

Thu, 22 Sep 2016

(Updates to show shares dropped, adds broker comment) By Edwin Mitson Sept. 22 (BusinessDesk) - Shares of Trilogy International, which have almost tripled in the past 12 months, dropped to a three-month low after the skincare and home fragrance company raised its full-year sales guidance for a second time, suggesting investors were hoping for even better news at today's annual meeting in Auckland. The stock dropped 14 percent to $4.01, and earlier sank as much as 18 percent to $3.81, trimming their gain in the past 12 months to 47 perc...

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