Casino Shares Plummet After Credit Downgrade – A Reminder for Businesses to Adapt and Innovate
As of March 24, 2023, Casino’s shares have plummeted on the Paris stock exchange after Moody’s downgraded the company’s credit rating. The financial rating agency cited concerns over the company’s debt performance and financial stability, which caused investors to panic and sell their shares. According to Moody’s, the downgrade reflects Casino’s high degree of financial … Read more