JD Sports Shares Lose £545 Million as a £50 Million Guidance Cut Hits U.S. Growth

JD Sports Fashion plc lost about £545 million of equity value on Thursday morning. The estimated loss was almost 11 times the £50 million cut to the midpoint of its annual profit guidance. Shares traded at 82.12 pence, down 12.1%, at 10:09 BST.

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