31 July 2008 – French wine and spirit company Belvédère saw its shares dive and lose one third of their value on their return to trading yesterday.
Belvédère shares dived to a record €26.83 low on 30 July.
Trading in Belvédère shares was suspended on 20 June and the company was placed in administration on 16 July for a minimum period of six months.
Belvédère asked NYSE Euronext on 29 July to re-allow trading in its shares on 30 July.
