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BUSINESSBloomberg Markets·5h ago

GoTo Shares Plunge After Stock Exchange Removes Price Floor

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GoTo Group shares fell after the Indonesian stock exchange removed the 50-rupiah price floor, allowing investors to sell at lower prices.

GoTo Group shares tumbled after Indonesia’s stock exchange eliminated its 50-rupiah price floor, unleashing pent-up selling pressure from investors who had been unable to exit at the mandated minimum price.

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