HALISTER: Popular Extends Loses Amid 2.5 Billion-Euro Capital Increase

Popular Extends Loses Amid 2.5 Billion-Euro Capital Increase

(Bloomberg) -- Shares slump as much as 9% in Madrid, extending Thursday loses after bank announced cap. increase.
  • Bank drops 5.4% to EU1.64 at 1:23pm
  • RBC Capital, Beka Finance, Berenberg cut price target
  • AlphaValue upgrades to ‘buy’ from ‘reduce’
  • NOTE: May 26: Popular falls to lowest in 26 years on rights issue plan Link
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
POP SM (Banco Popular Espanol SA)

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