UK’s Metro Bank shares suspended multiple times after plunging more than 25%

News Room
By News Room 1 Min Read

LONDON — Shares of Britain’s Metro Bank were briefly suspended from trading twice early Thursday, in a volatile session that saw the stock shed more than 29% from the Wednesday close.

They have since slightly pared losses.

The halts followed reports that the bank was trying to raise £600 million ($727 million) in debt and equity, according to Reuters.

This is a breaking news item and is being updated.

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