News Digest / Ticker: TKAMY

Ticker: TKAMY

04:12am, Wednesday, Aug 14, 2024

Thyssenkrupp AG Shares Plunge 2.4% Amid Dismal Q3 Results and Church of Job Cuts

Thyssenkrupp AG's stock fell 2.4% to €3.215 amid disappointing Q3 results, highlighting declining orders and a €33 million net loss. Revised forecasts for 2024 indicate further challenges, including job cuts and restructuring efforts amid a bearish outlook.