Billabong Loses Half of Market Value as Takeover Talks End

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What’s happened to Billabong? The 40 year old Australian Surf wear giant has recently lost half of it’s stock market value. Is the reason for the dip due to economy, a consumer willingness to buy ‘Poser’ brands such as Hollister, or other reasons? In the article below Bloomberg takes a look at the stock price of the surf wear giant.

Check out the article here.