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Investors handed the Danish wind energy giant Vestas a slap in the face Wednesday after a company announcement on Tuesday night that the company’s result for 2011 would be worse than expected.
Just before 11 a.m. Wednesday company stock was down around 17 per cent at DKK 57.70 after closing on Tuesday at around DKK 70. Wednesday’s stock price, however, was back down at levels seen last week, prior to a minor surge following order announcements.
