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Sharp extends slide after hitting 36-year closing low
A salesperson walks among Sharp Corp's Aquos liquid-crystal display (LCD) televisions displayed at an electronic store in Tokyo in this June 8, 2012 file photograph.
Credit: Reuters/Toru Hanai/Files
TOKYO |
TOKYO (Reuters) - Shares of Sharp Corp shed 7.3 percent to 179 yen on Monday morning, extending Friday's 28 percent slide after it reported a first-quarter loss and revised its forecast to a full-year operating loss of 100 billion yen ($1.27 billion).
Sharp had previously expected a 20 billion yen operating profit. ($1 = 78.5950 Japanese yen)
(Reporting by Dominic Lau; Editing by Chang-Ran Kim)
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