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5 months ago

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Volvo Cars shares drop to record low as Geely trims stake

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Volvo Cars shares drop to record low as Geely trims stake

Shares of Swedish automaker Volvo Cars fell as much as 14% to a record low on Friday after its majority shareholder, China's Geely , sold a small part of its stake at a deep discount to the previous day's closing price.

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Volvo Cars shares drop to record low as Geely trims stake

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Volvo Cars shares drop to record low as Geely trims stake

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