Adare shares tumble

There was a sharp fall in the share price of Adare Printing yesterday when a late trade in London dragged the final price down…

There was a sharp fall in the share price of Adare Printing yesterday when a late trade in London dragged the final price down from 780p to 582p. The company's share price has been relatively stable during the recent fall in world markets.

The company's finance director, Mr Peter Lynch, said last night that a US investor had sold some stock in London and this was responsible for the fall. He declined to disclose the identity of the seller but said they held a small stake.

Because the stock is illiquid, a sale can cause a sharp fall in price.

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