Purplebricks shares crash by a third

The online estate agent concept Purplebricks who seem to be taking on the world have seen their share price plummet recently following negative news on their international expansion and a recently weakened market in the UK.

A 37% drop was seen this week (currently 26.06% when writing this article) which goes against their fairly robust since 2012. Live share price can be viewed here. A downgraded revenue forecast has been announced from £165-175 million to £130-140 million.

Full story released on Yahoo website.

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