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Crest Nicholson shares fall by a third after profit warning, guidance cut

Tue, 21st Apr 2026 08:14

LONDON, April ​21 (Reuters) - ⁠Shares in ​Britain's Crest Nicholson ​fell ‌sharply on ⁠Tuesday, after the homebuilder ⁠cut ​its volume guidance due to ​macro ‌uncertainties caused by the conflict in ​the Middle ‌East.

At 0711 GMT, shares ‌in Crest Nicholson were down 34% ​at 76.6 pence, on ‌track for their sharpest daily ⁠fall ⁠since ‌the COVID-19 pandemic in ​March ​2020.

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