Siemens Energy shares slide 32% after company seeks support from German government

Siemens Energy shares slide 32% after company seeks support from German government

Siemens Energy shares plunged 31% on Friday morning after the company scrapped its profit forecast.

Wolfgang Rattay | Reuters

Shares of Siemens Energy tumbled more than 32% on Thursday after the company sought guarantees from the German government for long-term projects.

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