Shares in TomTom fall 10% after profit warning

Shares in TomTom fall 10% after profit warning

Interesting news today; TomTom shares have fallen 10% after expected sales were down to between 1.8bn and 2.0bn Euros, down from its February estimate of 2.0-2.2bn Euros. The company blamed having to make earlier than expected price cuts. But does this signal a change in fortunes for the navigation industry?For the full article click here


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