Indra Shares Plunge on Fears Government Will Force Out Its Chairman

Summary

Shares in Indra, Spain's leading defence and technology company, fell 4.19% on the stock exchange amid investor fears that the government may be moving to force out its chairman. At the worst point of the trading session, the company shed as much as 8% of its market value. The sell-off reflects ongoing tensions between the Spanish state — a key shareholder in Indra — and the company's leadership.

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